Item 8.01. Other Events.
On April 7, 2021, Prospect Capital Corporation (the "Company") announced that it
has commenced two separate tender offers to purchase for cash (the "Tender
Offers") (i) up to $30,000,000 aggregate principal amount of the Company's
outstanding 5.875% senior notes due 2023 (the "2023 Notes"), of which
$285,055,000 aggregate principal amount is currently outstanding, and (ii) up to
$30,000,000 aggregate principal amount of the Company's outstanding 6.375% notes
due 2024 (the "2024 Notes"), of which $81,615,000 aggregate principal amount is
currently outstanding. The Tender Offers were made exclusively pursuant to an
offer to purchase dated April 7, 2021, which set forth the terms and conditions
of the Tender Offers.
The Tender Offers expired at 12:00 midnight, New York City time, on May 5, 2021
(one minute after 11:59 p.m., New York City time, on May 4, 2021). As of the
expiration of the Tender Offers, (i) $836,000 aggregate principal amount of the
2023 Notes, representing approximately 0.29% of the outstanding 2023 Notes, and
(ii) $226,000 aggregate principal amount of the 2024 Notes, representing
approximately 0.28% of the outstanding 2024 Notes, were validly tendered and not
validly withdrawn pursuant to the Tender Offers. The Company has accepted for
purchase all 2023 Notes that were validly tendered and not validly withdrawn
pursuant to the applicable Tender Offer at the expiration of such Tender Offer
at the applicable Purchase Price (plus accrued and unpaid interest on such 2023
Notes, if any, from March 15, 2021, up to but not including the Settlement
Date). The Company has accepted for purchase all 2024 Notes that were validly
tendered and not validly withdrawn pursuant to the applicable Tender Offer at
the expiration of such Tender Offer at the applicable Purchase Price (plus
accrued and unpaid interest on such 2024 Notes, if any, from January 15, 2021,
up to but not including the Settlement Date). Following settlement of the Tender
Offers, (i) approximately $284,219,000 aggregate principal amount of the 2023
Notes will remain outstanding, and (ii) approximately $81,389,000 aggregate
principal amount of the 2024 Notes will remain outstanding.



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