Prospect Capital FCF/Debt

What does Prospect Capital do? Prospect Capital Corp., traded under the ticker PSEC, is a financial services company based in New York City, United States. The company, which completed its initial public offering on July 27, 2004, operates as a business development company focused on investing in middle-market U.S. companies. Prospect Capital Corp.'s investment strategy centers on generating current income and long-term capital appreciation through debt and equity investments. The company primarily invests in senior and subordinated debt, as well as equity, of private companies requiring capital for various purposes including acquisitions, growth, development, and recapitalizations. Its portfolio includes first and second lien secured loans, unsecured debt, and structured credit products, which involve pooling cash flows from loan portfolios and distributing them across different tranches to various investors. Prospect Capital Corp. may also acquire controlling interests in companies alongside secured debt investments. The company is advised by Prospect Capital Management L.P., which oversees its investment activities. Prospect Capital Corp. maintains a website at prospectstreet.com, though the content provided does not include further details on its current portfolio, financial performance, or specific investment metrics. The company operates within the financial services sector, targeting middle-market businesses across the United States. Prospect Capital is one of the most popular companies on Eulerpool.