SOURCE: Prospect Capital Corp

October 02, 2014 15:10 ET

Prospect Capital Corporation to Host Complimentary Webinar on "Uncovering Value in the BDC Industry in the Current Economic & Interest Rate Environment" Wednesday, October 8, 2014 at 11:00 a.m. EDT

NEW YORK, NY--(Marketwired - Oct 2, 2014) - Prospect Capital Corporation (NASDAQ: PSEC) will host a complimentary webinar on Wednesday, October 8, 2014 at 11:00 a.m. Eastern Time, titled "Uncovering Value in the BDC Industry in the Current Economic and Interest Rate Environment." Featured presenter is Grier Eliasek, President and Chief Operating Officer, Prospect Capital Corporation.

This webinar has been approved by IMCA for 1.00 CIMA/CPWA Credit.

The webinar is organized by Capital Link, a New York-based investor relations and financial communications firm, with a strategic focus on Closed-End Funds and ETFs. For a complete list of Capital Link's upcoming and past webinars, please visit webinars.capitallink.com.

REGISTRATION
To access the live webinar at no cost, please register at http://webinars.capitallink.com/2014/prospect2/index.html

WEBINAR OVERVIEW

Prospect Capital Corporation (NASDAQ: PSEC) is uniquely positioned to source value-oriented investment opportunities in the current economic environment. Mr. Grier Eliasek, the President & Chief Operating Officer of Prospect Capital, will discuss the company's strong track record, balance sheet strengths, differentiated origination approach, credit selection discipline, and more, providing investors with an attractive value proposition.

He will also discuss Prospect Capital's strategy to benefit from a potentially rising interest rate environment and long history in providing cash distributions to shareholders. On September 24, 2014, Prospect Capital declared its 78th consecutive monthly cash distribution of 11.0625 cents per share for January 2015. PSEC has already declared distributions for October, November, and December 2014. Since 2004, PSEC has declared cumulative distributions to shareholders in excess of $1.4 billion. PSEC's closing price on October 1, 2014 delivers to shareholders a current annualized dividend yield of approximately 13%.

Prospect Capital Corporation (NASDAQ: PSEC), a closed-end investment company that has elected to be regulated as a BDC, is a leading provider of flexible private debt and equity capital to sponsor-owned and non-sponsor-owned middle market companies in the U.S. and Canada. 

WEBINAR STRUCTURE

The webinar will consist of a 40-minute expert presentation, which will be followed by a Q&A lasting for 15 minutes. This webinar will be archived and available for replay upon registration.

Q&A SESSION - Submitting Questions

Participants can submit questions prior to, or during the event through the special feature on the event page, or they can email them to Capital Link at questions@capitallink.com.

ARCHIVED WEBCAST FOR REPLAY

An archived webcast of this presentation will be publicly available at no cost within approximately 48 hours after the event. Those who are interested can access the webcast for replay when they register for the event or afterwards through the event page as indicated.

ABOUT PROSPECT CAPITAL CORPORATION

Prospect Capital Corporation (www.prospectstreet.com) is a business development company that focuses on lending to and investing in private businesses. Our investment objective is to generate both current income and long-term capital appreciation through debt and equity investments.

We have elected to be treated as a business development company under the Investment Company Act of 1940 ("1940 Act"). We are required to comply with a series of regulatory requirements under the 1940 Act as well as applicable NASDAQ, federal and state rules and regulations. We have elected to be treated as a regulated investment company under the Internal Revenue Code of 1986. Failure to comply with any of the laws and regulations that apply to us could have an adverse effect on us and our shareholders.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, whose safe harbor for forward-looking statements does not apply to business development companies. Any such statements, other than statements of historical fact, are highly likely to be affected by other unknowable future events and conditions, including elements of the future that are or are not under our control, and that we may or may not have considered; accordingly, such statements cannot be guarantees or assurances of any aspect of future performance. Actual developments and results are highly likely to vary materially from any forward-looking statements. Such statements speak only as of the time when made, and we undertake no obligation to update any such statement now or in the future.

ABOUT CAPITAL LINK, INC.

Capital Link is a New York-based investor relations and financial communications firm, which, among other activities, maintains a strategic focus on Closed-End Funds and ETFs. Capital Link has developed powerful marketing platforms raising the profile of CEFs and ETFs among analysts, investors and the financial media. Besides IR tools and investor outreach programs customized for each fund, the platform includes informational websites on CEFs and ETFs, interviews, newsletters, webinars, conferences and events. Capital Link's Webinar Series (www.CapitalLinkWebinars.com) is an online interactive platform providing investors with free access to an extensive library of CEFs and ETFs industry topics.

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