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Prospect Capital Corporation is a Maryland-based business development company that invests primarily in U.S. middle-market private companies. It provides debt and equity financing, focusing on senior secured loans, convertible debt, and equity-linked investments. The company targets companies with revenues under $750 million, offering capital for growth, acquisitions, and refinancing. Managed by Prospect Capital Management, it emphasizes income generation, capital appreciation, and long-term value creation through strategic, relationship-driven investments.
This description was generated via AI from an annual report. Updated about 1 year ago.