v3.26.1
Fair Value and Maturity of Debt Outstanding (Tables)
 12 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Senior Securities
Information about our senior securities is shown in the following table as of the end of each of the last ten fiscal years and as of June 30, 2026:
Total Amount
Outstanding(1)		Asset
Coverage per
Unit(2)		Involuntary
Liquidating
Preference per
Unit		Average
Market
Value per
Unit(3)
Credit Facility
Fiscal 2026 (as of June 30, 2026)
$562,328 $11,340 — — 
Fiscal 2025 (as of June 30, 2025)856,322 7,846 — — 
Fiscal 2024 (as of June 30, 2024)794,796 9,746 — — 
Fiscal 2023 (as of June 30, 2023)1,014,703 7,639 — — 
Fiscal 2022 (as of June 30, 2022)839,464 9,015 — — 
Fiscal 2021 (as of June 30, 2021)356,937 17,408 — — 
Fiscal 2020 (as of June 30, 2020)237,536 22,000 — — 
Fiscal 2019 (as of June 30, 2019)167,000 34,298 — — 
Fiscal 2018 (as of June 30, 2018)37,000 155,503 — — 
Fiscal 2017 (as of June 30, 2017)— — — — 
2016 Notes(4)
Fiscal 2016 (as of June 30, 2016)$167,500 $2,269 — — 
2017 Notes(5)
Fiscal 2017 (as of June 30, 2017)$50,734 $2,251 — — 
Fiscal 2016 (as of June 30, 2016)129,500 2,269 — — 
2018 Notes(6)
Fiscal 2017 (as of June 30, 2017)$85,419 $2,251 — — 
Fiscal 2016 (as of June 30, 2016)200,000 2,269 — — 
2019 Notes(7)
Fiscal 2018 (as of June 30, 2018)$101,647 $2,452 — — 
Fiscal 2017 (as of June 30, 2017)200,000 2,251 — — 
Fiscal 2016 (as of June 30, 2016)200,000 2,269 — — 
5.00% 2019 Notes(8)
Fiscal 2018 (as of June 30, 2018)$153,536 $2,452 — — 
Fiscal 2017 (as of June 30, 2017)300,000 2,251 — — 
Fiscal 2016 (as of June 30, 2016)300,000 2,269 — — 
2020 Notes(11)
Fiscal 2019 (as of June 30, 2019)$224,114 $2,365 — — 
Fiscal 2018 (as of June 30, 2018)392,000 2,452 — — 
Fiscal 2017 (as of June 30, 2017)392,000 2,251 — — 
Fiscal 2016 (as of June 30, 2016)392,000 2,269 — — 
2022 Notes(15)
Fiscal 2022 (as of June 30, 2022)$60,501 $2,733 — — 
Total Amount
Outstanding(1)		Asset
Coverage per
Unit(2)		Involuntary
Liquidating
Preference per
Unit		Average
Market
Value per
Unit(3)
Fiscal 2021 (as of June 30, 2021)111,055 2,740 — — 
Fiscal 2020 (as of June 30, 2020)258,240 2,408 — — 
Fiscal 2019 (as of June 30, 2019)328,500 2,365 — — 
Fiscal 2018 (as of June 30, 2018)328,500 2,452 — — 
Fiscal 2017 (as of June 30, 2017)225,000 2,251 — — 
2023 Notes(9)(16)
Fiscal 2022 (as of June 30, 2022)$284,219 $2,733 — — 
Fiscal 2021 (as of June 30, 2021)284,219 2,740 — — 
Fiscal 2020 (as of June 30, 2020)319,145 2,408 — — 
Fiscal 2019 (as of June 30, 2019)318,863 2,365 — — 
Fiscal 2018 (as of June 30, 2018)318,675 2,452 — — 
Fiscal 2017 (as of June 30, 2017)248,507 2,251 — — 
2024 Notes(12)
Fiscal 2020 (as of June 30, 2020)$233,788 $2,408 — $959 
Fiscal 2019 (as of June 30, 2019)234,443 2,365 — 1,002 
Fiscal 2018 (as of June 30, 2018)199,281 2,452 — 1,029 
Fiscal 2017 (as of June 30, 2017)199,281 2,251 — 1,027 
6.375% 2024 Notes(9)(17)
Fiscal 2023 (as of June 30, 2023)$81,240 $2,970 — — 
Fiscal 2022 (as of June 30, 2022)81,240 2,733 — — 
Fiscal 2021 (as of June 30, 2021)81,389 2,740 — — 
Fiscal 2020 (as of June 30, 2020)99,780 2,408 — — 
Fiscal 2019 (as of June 30, 2019)99,726 2,365 — — 
2025 Notes(18)
Fiscal 2024 (as of June 30, 2024)$156,168 $3,155 — — 
Fiscal 2023 (as of June 30, 2023)156,168 2,970 — — 
Fiscal 2022 (as of June 30, 2022)156,168 2,733 — — 
Fiscal 2021 (as of June 30, 2021)156,168 2,740 — — 
Fiscal 2020 (as of June 30, 2020)201,250 2,408 — — 
Fiscal 2019 (as of June 30, 2019)201,250 2,365 — — 
2026 Notes(19)
Fiscal 2024 (as of June 30, 2024)$400,000 $3,155 — — 
Fiscal 2023 (as of June 30, 2023)400,000 2,970 — — 
Fiscal 2022 (as of June 30, 2022)400,000 2,733 — — 
Fiscal 2021 (as of June 30, 2021)400,000 2,740 — — 
3.364% 2026 Notes
Fiscal 2026 (as of June 30, 2026)
$264,486 $3,394 — — 
Fiscal 2025 (as of June 30, 2025)300,000 3,194 — — 
Fiscal 2024 (as of June 30, 2024)300,000 3,155 — — 
Fiscal 2023 (as of June 30, 2023)300,000 2,970 — — 
Fiscal 2022 (as of June 30, 2022)300,000 2,733 — — 
Fiscal 2021 (as of June 30, 2021)300,000 2,740 — — 
3.437% 2028 Notes
Fiscal 2026 (as of June 30, 2026)$254,749 $3,394 — — 
Fiscal 2025 (as of June 30, 2025)300,000 3,194 — — 
Total Amount
Outstanding(1)		Asset
Coverage per
Unit(2)		Involuntary
Liquidating
Preference per
Unit		Average
Market
Value per
Unit(3)
Fiscal 2024 (as of June 30, 2024)300,000 3,155 — — 
Fiscal 2023 (as of June 30, 2023)300,000 2,970 — — 
Fiscal 2022 (as of June 30, 2022)300,000 2,733 — — 
2028 Notes(13)
Fiscal 2020 (as of June 30, 2020)$70,761 $2,408 — $950 
Fiscal 2019 (as of June 30, 2019)70,761 2,365 — 984 
Fiscal 2018 (as of June 30, 2018)55,000 2,452 — 1,004 
2029 Notes(14)
Fiscal 2021 (as of June 30, 2021)$69,170 $2,740 — $1,028 
Fiscal 2020 (as of June 30, 2020)69,170 2,408 — 970 
Fiscal 2019 (as of June 30, 2019)69,170 2,365 — 983 
5.50% 2030 Notes(20)
Fiscal 2026 (as of June 30, 2026)
$182,153 $3,394 — $91.65 
Prospect Capital InterNotes®
Fiscal 2026 (as of June 30, 2026)
$614,879 $3,394 — — 
Fiscal 2025 (as of June 30, 2025)647,232 3,194 — — 
Fiscal 2024 (as of June 30, 2024)504,028 3,155 — — 
Fiscal 2023 (as of June 30, 2023)358,105 2,970 — — 
Fiscal 2022 (as of June 30, 2022)347,564 2,733 — — 
Fiscal 2021 (as of June 30, 2021)508,711 2,740 — — 
Fiscal 2020 (as of June 30, 2020)680,229 2,408 — — 
Fiscal 2019 (as of June 30, 2019)707,699 2,365 — — 
Fiscal 2018 (as of June 30, 2018)760,924 2,452 — — 
Fiscal 2017 (as of June 30, 2017)980,494 2,251 — — 
Floating Rate Preferred Stock
Fiscal 2026 (as of June 30, 2026)
$219,601 $44 $25 $— 
Fiscal 2025 (as of June 30, 2025)229,771 43 25 — 
Fiscal 2024 (as of June 30, 2024)129,198 46 25 — 
7.50% Preferred Stock
Fiscal 2026 (as of June 30, 2026)
$129,630 $44 $25 $— 
Fiscal 2025 (as of June 30, 2025)51,575 43 25 — 
6.50% Preferred Stock
Fiscal 2026 (as of June 30, 2026)
$611,574 $44 $25 $— 
Fiscal 2025 (as of June 30, 2025)659,069 43 25 — 
Fiscal 2024 (as of June 30, 2024)704,044 46 25 — 
Fiscal 2023 (as of June 30, 2023)533,216 47 25 — 
5.50% Preferred Stock
Fiscal 2026 (as of June 30, 2026)$617,980 $44 $25 — 
Fiscal 2025 (as of June 30, 2025)701,205 43 25 — 
Fiscal 2024 (as of June 30, 2024)772,133 46 25 — 
Fiscal 2023 (as of June 30, 2023)870,268 47 25 — 
Fiscal 2022 (as of June 30, 2022)590,197 54 25 — 
Fiscal 2021 (as of June 30, 2021)137,040 65 25 — 
Total Amount
Outstanding(1)		Asset
Coverage per
Unit(2)		Involuntary
Liquidating
Preference per
Unit		Average
Market
Value per
Unit(3)
5.35% Preferred Stock
Fiscal 2026 (as of June 30, 2026)$132,920 $44 $25 $16.35 
Fiscal 2025 (as of June 30, 2025)131,279 43 25 17.12 
Fiscal 2024 (as of June 30, 2024)131,279 46 25 17.25 
Fiscal 2023 (as of June 30, 2023)149,066 47 25 15.98 
Fiscal 2022 (as of June 30, 2022)150,000 54 25 21.08 
All Senior Securities(9)(10)
Fiscal 2026 (as of June 30, 2026)
$3,590,300 $1,776 — — 
Fiscal 2025 (as of June 30, 2025)3,876,453 1,733 — — 
Fiscal 2024 (as of June 30, 2024)4,191,646 1,848 — — 
Fiscal 2023 (as of June 30, 2023)4,162,766 1,862 — — 
Fiscal 2022 (as of June 30, 2022)3,509,353 2,156 — — 
Fiscal 2021 (as of June 30, 2021)2,404,689 2,584 — — 
Fiscal 2020 (as of June 30, 2020)2,169,899 2,408 — — 
Fiscal 2019 (as of June 30, 2019)2,421,526 2,365 — — 
Fiscal 2018 (as of June 30, 2018)2,346,563 2,452 — — 
Fiscal 2017 (as of June 30, 2017)2,681,435 2,251 — — 

(1)     Except for the per unit data noted in footnote 2 and 3 below, the total amount of each class of senior securities outstanding at the end of the year/period presented (in 000’s).
(2)The asset coverage ratio for a class of secured senior securities representing indebtedness is calculated as our consolidated total assets, less all liabilities and indebtedness not represented by senior securities, divided by secured senior securities representing indebtedness. The asset coverage ratio for a class of unsecured senior securities representing indebtedness is inclusive of all senior securities representing indebtedness. With respect to the senior securities represented by indebtedness, this asset coverage ratio is multiplied by $1,000 to determine the Asset Coverage Per Unit. The asset coverage ratio for a class of senior securities representing preferred stock is calculated as our consolidated total assets, less all liabilities and indebtedness not represented by senior securities, divided by the sum of all senior securities representing indebtedness and the involuntary liquidation preference of senior securities representing preferred stock (the “Total Asset Coverage Ratio”). With respect to the Preferred Stock, the Asset Coverage Per Unit figure is expressed in terms of a dollar amount per share of outstanding Preferred Stock (based on a per share liquidation preference of $25). The rows reflecting “All Senior Securities” reflect the Total Asset Coverage Ratio as the asset coverage ratio, and express Asset Coverage Per Unit as per $1,000 of indebtedness or per $1,000 of Preferred Stock liquidation preference.
(3)This column is inapplicable, except for the 2024 Notes, the 2028 Notes, the 2029 Notes, and the 5.35% Preferred Stock. Our 5.50% 2030 Notes are registered for public trading in Israel on the TASE under the ticker symbol “PSEC.B1”, but are not registered for public trading in the U.S. The average market value per unit of the U.S. traded securities is calculated as an average of quarter-end prices. With respect to the senior securities represented by indebtedness, the market value is shown per $1,000 of indebtedness.
(4)We repaid the outstanding principal amount of the 2016 Notes on August 15, 2016.
(5)We repaid the outstanding principal amount of the 2017 Notes on October 15, 2017.
(6)We repaid the outstanding principal amount of the 2018 Notes on March 15, 2018.
(7)We repaid the outstanding principal amount of the 2019 Notes on January 15, 2019.
(8)We redeemed the 5.00% 2019 Notes on September 26, 2018.
(9)For the fiscal years ended June 30, 2020 or prior, the 2023 Notes and 6.375% 2024 Notes are presented net of unamortized discount.
(10)While we do not consider commitments to fund under revolving arrangements to be Senior Securities, if we were to elect to treat such unfunded commitments, which were $64,611 as of June 30, 2026 as Senior Securities for purposes of Section 18 of the 1940 Act, our asset coverage per unit would be $1,745.
(11)We repaid the outstanding principal amount of the 2020 Notes on April 15, 2020.
(12)We redeemed the 2024 Notes on February 16, 2021.
(13)We redeemed the 2028 Notes on June 15, 2021.
(14)We redeemed the 2029 Notes on December 30, 2021.
(15)We redeemed the 2022 Notes on July 15, 2022.
(16)We redeemed the 2023 Notes on March 15, 2023.
(17)We redeemed the 6.375% 2024 Notes on January 16, 2024.
(18)We repaid the outstanding principal amount of the 2025 Notes on March 3, 2025.
(19)We redeemed the 2026 Notes on June 18, 2025.
(20)The 5.50% 2030 Notes are denominated in Israeli Shekels and remeasured to the Company’s functional and reporting currency, U.S. Dollars, each reporting period date in accordance with ASC 830.
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments
The following table shows our outstanding debt as of June 30, 2026:
Principal OutstandingUnamortized Discount & Debt Issuance CostsNet Carrying ValueFair ValueEffective Interest Rate
Revolving Credit Facility$562,328 $14,128 $562,328 (1)$562,328 (2)1M SOFR +2.05%(5)
3.364%2026 Notes264,486 435 264,051 261,169 (3)3.89 %(6)
3.437%2028 Notes254,749 2,743 252,006 239,729 (3)3.97 %(6)
5.50%2030 Notes182,153 7,369 174,784 165,650 (3)6.76 %(6)
Public Notes701,388 690,841 666,548 
Prospect Capital InterNotes®614,879 7,399 607,480 588,081 (4)6.04 %(7)
Total$1,878,595 $1,860,649 $1,816,957 
(1)Net Carrying Value excludes deferred financing costs associated with the Revolving Credit Facility. See Note 2 for accounting policy details.
(2)The fair value of the Revolving Credit Facility is equal to its carrying value because the revolver is a floating rate facility that reprices to a market rate frequently. The fair value is categorized as Level 2 under ASC 820.
(3)We use available market quotes or readily observable transparent prices to estimate the fair value of the Public Notes. The fair value of these debt obligations are categorized as Level 1 under ASC 820.
(4)The fair value of Prospect Capital InterNotes® is estimated by discounting remaining payments using current Treasury rates plus spread based on observable market inputs. The fair value of these debt obligations are categorized as Level 3 under ASC 820.
(5)Represents the rate on drawn down and outstanding balances. Deferred debt issuance costs are amortized on a straight-line method over the stated life of the obligation.
(6)The effective interest rate is equal to the effect of the stated interest, the accretion of original issue discount and amortization of debt issuance costs.
(7)For the Prospect Capital InterNotes®, the rate presented is the weighted average effective interest rate. Interest expense and deferred debt issuance costs, which are amortized on a straight-line method over the stated life of the obligation which approximates level yield, are weighted against the average outstanding principal balance.

The following table shows our outstanding debt as of June 30, 2025:
Principal OutstandingUnamortized Discount & Debt Issuance CostsNet Carrying ValueFair ValueEffective Interest Rate
Revolving Credit Facility$856,322 $18,842 $856,322 (1)$856,322 (2)1M SOFR +2.05 %(5)
3.364% 2026 Notes300,000 2,019 297,981 286,707 (3)3.87 %(6)
3.437% 2028 Notes300,000 4,537 295,463 268,671 (3)3.93 %(6)
Public Notes600,000 593,444 555,378 
Prospect Capital InterNotes®
647,232 8,687 638,545 607,339 (4)5.85 %(7)
Total$2,103,554 $2,088,311 $2,019,039 

(1)Net Carrying Value excludes deferred financing costs associated with the Revolving Credit Facility. See Note 2 for accounting policy details.
(2)The fair value of the Revolving Credit Facility is equal to its carrying value because the revolver is a floating rate facility that reprices to a market rate frequently. The fair value is categorized as Level 2 under ASC 820.
(3)We use available market quotes to estimate the fair value of the Public Notes. The fair value of these debt obligations are categorized as Level 1 under ASC 820.
(4)The fair value of Prospect Capital InterNotes® is estimated by discounting remaining payments using current Treasury rates plus spread based on observable market inputs. The fair value of these debt obligations are categorized as Level 3 under ASC 820.
(5)Represents the rate on drawn down and outstanding balances. Deferred debt issuance costs are amortized on a straight-line method over the stated life of the obligation.
(6)The effective interest rate is equal to the effect of the stated interest, the accretion of original issue discount and amortization of debt issuance costs.
(7)For the Prospect Capital InterNotes®, the rate presented is the weighted average effective interest rate. Interest expense and deferred debt issuance costs, which are amortized on a straight-line method over the stated life of the obligation which approximates level yield, are weighted against the outstanding principal balance.
Schedule of Maturities of Long-Term Debt
The following table shows the contractual maturities by fiscal year of our Revolving Credit Facility, Public Notes and Prospect Capital InterNotes® as of June 30, 2026:
Payments Due by Fiscal Year ending June 30,
Total20272028202920302031After 5 Years
Revolving Credit Facility$562,328 $— $— $562,328 $— $— $— 
Public Notes701,388 264,486 — 254,749 — 182,153 — 
Prospect Capital InterNotes®614,879 114,422 74,853 92,954 70,093 42,520 220,037 
Total Contractual Obligations$1,878,595 $378,908 $74,853 $910,031 $70,093 $224,673 $220,037