Prospect Capital Provides $58 Million for Acquisition of Cargo Handling Company, Plus Provides Net $32 Million to H.I.G. for Recapitalization of Existing Portfolio Company, Resulting in a Record of More Than $300 Million of New Originations for Prospect in the March 2011 Quarter

PSEC – A Prospect Capital Fund

Prospect Capital Provides $58 Million for Acquisition of Cargo Handling Company, Plus Provides Net $32 Million to H.I.G. for Recapitalization of Existing Portfolio Company, Resulting in a Record of More Than $300 Million of New Originations for Prospect in the March 2011 Quarter

April 4, 2011

NEW YORK, NY – (MARKET WIRE) – 04/04/11 – Prospect Capital Corporation
(NASDAQ: PSEC) (“Prospect”) announced today that Prospect has provided
a $58.0 million first-lien senior secured credit facility to support
the acquisition of a cargo ha…

Press Release

Prospect Capital Provides $58 Million for Acquisition of Cargo Handling Company, Plus Provides Net $32 Million to H.I.G. for Recapitalization of Existing Portfolio Company, Resulting in a Record of More Than $300 Million of New Originations for Prospect in the March 2011 Quarter