On March 15, 2013, we issued $250,000 aggregate principal amount of unsecured notes that mature on March 15, 2023 (the “Original 2023 Notes”). The Original 2023 Notes bear interest at a rate of 5.875% per year, payable semi-annually on March 15 and September 15 of each year, beginning September 15, 2013. Total proceeds from the issuance of the Original 2023 Notes, net of underwriting discounts and offering costs, were $243,641. On June 20, 2018, we issued an additional $70,000 aggregate principal amount of unsecured notes that mature on March 15, 2023 (the “Additional 2023 Notes”, and together with the Original 2023 Notes, the “2023 Notes”). The Additional 2023 Notes were a further issuance of, and are fully fungible and rank equally in right of payment with, the Original 2023 Notes and bear interest at a rate of 5.875% per year, payable semi-annually on March 15 and September 15 of each year, beginning September 15, 2018. Total proceeds from the issuance of the Additional 2023 Notes, net of underwriting discounts, were $69,403.

During the year ended June 30, 2023, we commenced various tender offers to purchase for cash any and all outstanding aggregate principal amount of the 2023 Notes at prices ranging from 98.00% to 98.75%, plus accrued and unpaid interest. As a result, $2,104 aggregate principal amount of the 2023 Notes were validly tendered and accepted, and we recognized a realized loss of $30 from the extinguishment of debt in the amount of the difference between the reacquisition price and the net carrying amount of the 2023 Notes, net of the proportionate amount of unamortized debt issuance costs.

On October 1, 2018, we issued $100,000 aggregate principal amount of unsecured notes that mature on January 15, 2024 (the “6.375% 2024 Notes”). The 6.375% 2024 Notes bear interest at a rate of 6.375% per year, payable semi-annually on January 15 and July 15 of each year, beginning January 15, 2019. Total proceeds from the issuance of the 6.375% 2024 Notes, net of underwriting discounts and offering costs, were $98,985.

During the year ended June 30, 2022, we commenced a tender offer to purchase for cash any and all of the $81,389 aggregate principal amount of the 6.375% 2024 Notes at a purchase price of 107.75%, plus accrued and unpaid interest. As a result, $149 aggregate principal amount of the 6.375% 2024 Notes were validly tendered and accepted, and we recognized a loss of $12 from the extinguishment of debt in the amount of the difference between the reacquisition price and the net carrying amount of the 6.375% 2024 Notes, net of the proportionate amount of unamortized debt issuance costs.

On December 5, 2018, we issued $50,000 aggregate principal amount of unsecured notes that mature on June 15, 2029 (the “2029 Notes”). The 2029 Notes bear interest at a rate of 6.875% per year, payable quarterly on March 15, June 15, September 15, and December 15 of each year, beginning March 19, 2019. Total proceeds from the issuance of the 2029 Notes, net of underwriting discounts and offering costs, were $48,057. On February 9, 2019, we entered into an ATM program with B. Riley FBR, Inc., BB&T Capital Markets, and Comerica Securities, Inc., through which we could sell, by means of ATM offerings, up

to $100,000 in aggregate principal amount of our existing 2029 Notes (“2029 Notes ATM” or “2029 Notes Follow-on Program”). The 2029 Notes are listed on the NYSE and trade thereon under the ticker “PBC.” During the year ended June 30, 2019, we issued an additional $19,170 aggregate principal amount under the 2029 Notes ATM, for net proceeds of $18,523, after commissions and offering costs.

During the year ended June 30, 2022, we redeemed $69,170 of the aggregate principal amount of the 2029 Notes. The transaction resulted in our recognizing a loss of $2,044 during the year ended June 30, 2022. Following the redemption, none of the 2029 Notes remained outstanding.

On January 22, 2021, we issued $325,000 aggregate principal amount of unsecured notes that mature on January 22, 2026 (the “Original 2026 Notes”). The Original 2026 Notes bear interest at a rate of 3.706% per year, payable semi-annually on July 22, and January 22 of each year, beginning on July 22, 2021. Total proceeds from the issuance of the 2026 Notes, net of underwriting discounts and offering costs, were $317,720. On February 19, 2021, we issued an additional $75,000 aggregate principal amount of unsecured notes that mature on January 22, 2026 (the “Additional 2026 Notes”, and together with the Original 2026 Notes, the “2026 Notes”). The Additional 2026 Notes were a further issuance of, and are fully fungible and rank equally in right of payment with, the Original 2026 Notes and bear interest at a rate of 3.706% per year, payable semi-annually on July 22 and January 22 of each year, beginning July 22, 2021. Total proceeds from the issuance of the Additional 2026 Notes, net of underwriting discounts and offering costs, were $74,061. As of June 30, 2024 and June 30, 2023, the outstanding aggregate principal amount of the 2026 Notes were $400,000 and $400,000, respectively.

On May 27, 2021, we issued $300,000 aggregate principal amount of unsecured notes that mature on November 15, 2026 (the “3.364% 2026 Notes”). The 3.364% 2026 Notes bear interest at a rate of 3.364% per year, payable semi-annually on November 15, and May 15 of each year, beginning on November 15, 2021. Total proceeds from the issuance of the 3.364% 2026 Notes, net of underwriting discounts and offering costs, were $293,283. As of June 30, 2024 and June 30, 2023, the outstanding aggregate principal amount of the 3.364% 2026 Notes were $300,000 and $300,000, respectively.

On September 30, 2021, we issued $300,000 aggregate principal amount of unsecured notes that mature on October 15, 2028 (the “3.437% 2028 Notes”). The 3.437% 2028 Notes bear interest at a rate of 3.437% per year, payable semi-annually on April 15 and October 15 of each year, beginning on April 15, 2022. Total proceeds from the issuance of the 3.437% 2028 Notes, net of underwriting discounts and offering costs, were $291,798. As of June 30, 2024 and June 30, 2023, the outstanding aggregate principal amount of the 3.437% 2028 Notes were $300,000 and $300,000, respectively.

The 2023 Notes, the 6.375% 2024 Notes, the 2026 Notes, the 3.364% 2026 Notes, and the 3.437% 2028 Notes (collectively, the “Public Notes”) are direct unsecured obligations and rank equally with all of our unsecured indebtedness from time to time outstanding.

In connection with the issuance of the Public Notes we recorded a discount of $13,138 and debt issuance costs of $12,709, which are being amortized over the term of the notes. As of June 30, 2024 and June 30, 2023, $6,462 and $8,770 of the original issue discount and $5,971 and $8,333, respectively, of the debt issuance costs remain to be amortized and are included as a reduction within Public Notes on the Consolidated Statement of Assets and Liabilities.

On February 13, 2020, we entered into a selling agent agreement with InspereX LLC (formerly known as “Incapital LLC”) (the “Selling Agent Agreement”), authorizing the issuance and sale from time to time of up to $1,000,000 of Prospect Capital InterNotes® (collectively with previously authorized selling agent agreements, the “InterNotes® Offerings”). On February 8, 2023, our Board of Directors reauthorized $1,000,000 of Prospect Capital InterNotes® for sale under the Selling Agent Agreement. Additional agents may be appointed by us from time to time in connection with the InterNotes® Offering and become parties to the Selling Agent Agreement. We have, from time to time, repurchased certain notes issued through the InterNotes® Offerings and, therefore, as of June 30, 2024 and June 30, 2023, $504,028 and $358,105 aggregate principal amount of Prospect Capital InterNotes® were outstanding.

These notes are direct unsecured obligations and rank equally with all of our unsecured indebtedness from time to time outstanding. Each series of notes will be issued by a separate trust. These notes bear interest at fixed interest rates and offer a variety of maturities no less than twelve months from the original date of issuance.

During the year ended June 30, 2024, we issued $156,840 aggregate principal amount of Prospect Capital InterNotes® for net proceeds of $154,511. These notes were issued with stated interest rates ranging from 5.75% to 8.00% with a weighted average interest rate of 7.14%. These notes will mature between July 15, 2026 and November 15, 2043. The following table summarizes the Prospect Capital InterNotes® issued during the year ended June 30, 2024:


Tenor at Origination (in years)	Principal Amount		Interest Rate Range	Weighted Average Interest Rate	Maturity Date Range
3	$	54,209	5.75% – 7.25%	6.72%	July 15, 2026 – June 15, 2027
5	47,685		6.75% – 7.75%	7.20%	November 15, 2028 – June 15, 2029
6	899		6.00% – 6.25%	6.02%	July 15, 2029 – November 15, 2029
7	6,467		7.50% – 8.00%	7.87%	November 15, 2030 – December 15, 2030
10	45,674		6.25% – 8.00%	7.54%	July 15, 2033 – June 15, 2034
20	1,906		6.50% – 7.50%	6.58%	July 15, 2043 – November 15, 2043
	$	156,840

During the year ended June 30, 2023, we issued $17,867 aggregate principal amount of our Prospect Capital InterNotes® for net proceeds of $17,616. These notes were issued with a stated interest rates ranging from 4.50% to 6.50% with a weighted average interest rate of 5.53%. These notes will mature between October 15, 2025 and June 15, 2043. The following table summarizes the Prospect Capital InterNotes® issued during the year ended June 30, 2023:


Tenor at Origination (in years)	Principal Amount		Interest Rate Range	Weighted Average Interest Rate	Maturity Date Range
3	$	8,731	5.00% – 5.75%	5.53%	October 15, 2025 – June 15, 2026
5	2,635		4.50% – 5.50%	4.50%	July 15, 2027 – October 15, 2027
6	2,717		5.75% – 6.00%	5.78%	December 15, 2028 – June 15, 2029
10	3,413		4.88% – 6.25%	6.03%	September 15, 2032 – June 15, 2033
20	371		6.50%	6.50%	May 15, 2043 – June 15, 2043
	$	17,867

During the year ended June 30, 2024, we repaid $10,255 aggregate principal amount of Prospect Capital InterNotes® at par in accordance with the Survivor’s Option of the InterNotes®. As a result of these transactions, we recorded a loss in the amount of the unamortized debt issuance costs. The net loss on the extinguishment of Prospect Capital InterNotes® in the year ended June 30, 2024 was $248.


Tenor at Origination (in years)	Principal Amount		Interest Rate Range	Weighted Average Interest Rate	Maturity Date Range
3	$	64,439	2.50% – 7.25%	6.46%	February 15, 2025 – June 15, 2027
5	143,554		2.25% – 7.75%	4.60%	January 15, 2026 – June 15, 2029
6	18,348		3.00% – 6.25%	3.56%	June 15, 2027 – November 15, 2029
7	34,601		2.75% – 8.00%	4.05%	January 15, 2028 – December 15, 2030
8	3,215		3.40% – 3.50%	3.45%	June 15, 2029 – July 15, 2029
10	123,477		3.15% – 8.00%	5.30%	August 15, 2029 – June 15, 2034
12	13,748		3.70% – 4.00%	3.95%	June 15, 2033 – July 15, 2033
15	14,016		3.50% – 4.50%	3.84%	July 15, 2036 – February 15, 2037
18	2,949		4.50% – 5.50%	4.82%	January 15, 2031 – April 15, 2031
20	3,864		5.75% – 7.50%	6.23%	November 15, 2032 – November 15, 2043
25	7,494		6.25% – 6.50%	6.37%	November 15, 2038 – May 15, 2039
30	74,323		4.00% – 6.63%	5.34%	November 15, 2042 – March 15, 2052
Principal Outstanding	$	504,028
Less Discounts
Unamortized Debt Issuance	(7,999)
Carrying Amount	$	496,029

During the year ended June 30, 2023, we repaid $7,326 aggregate principal amount of Prospect Capital InterNotes® at par in accordance with the Survivor’s Option, as defined in the InterNotes® Offering prospectus. As a result of these transactions, we recorded a loss in the amount of the unamortized debt issuance costs. The net loss on the extinguishment of Prospect Capital InterNotes® in the year ended June 30, 2023 was $181.


Tenor at Origination (in years)	Principal Amount		Interest Rate Range	Weighted Average Interest Rate	Maturity Date Range
3	$	10,892	1.50% - 5.75%	4.87%	January 15, 2024 – June 15, 2026
5	96,914		2.25% - 5.50%	3.30%	January 15, 2026 – October 15, 2027
6	17,524		3.00% - 6.00%	3.43%	June 15, 2027 – June 15, 2029
7	28,887		2.75% - 4.25%	3.17%	January 15, 2028 – February 15, 2029
8	3,236		3.40% - 3.50%	3.45%	June 15, 2029 – July 15, 2029
10	79,944		3.15% - 6.25%	3.97%	August 15, 2029 – June 15, 2033
12	14,241		3.70% - 4.00%	3.95%	June 15, 2033 – July 15, 2033
15	14,647		3.50% - 4.50%	3.84%	July 15, 2036 – February 15, 2037
18	3,020		4.50% - 5.00%	4.73%	January 15, 2031 – April 15, 2031
20	1,958		5.75% - 6.50%	5.89%	November 15, 2032 – June 15, 2043
25	7,800		6.25% - 6.50%	6.37%	November 15, 2038 – May 15, 2039
30	79,042		4.00% - 6.63%	5.31%	November 15, 2042 – March 15, 2052
Principal Outstanding	$	358,105
Less Discounts
Unamortized debt issuance	(6,688)
Carrying Amount	$	351,417