Progrexion: Prospect Capital Funds $202 Million in Senior Secured Floating Rate Term Loans to Progrexion

Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) announced today that Prospect has funded total commitments of $202 million, comprised of a $49 million first lien senior secured floating rate term loan and a $153 million second lien senior secured floating rate term loan to support the refinancing of PGX Holdings, Inc. (“Progrexion”) a portfolio company of H.I.G. Capital, LLC (“H.I.G.”).