Prospect Capital Backs Spartan Recap

Prospect Capital Corporation has provided a $30 million first-lien senior secured loan to support the recapitalization of Spartan Energy Services. Headquartered in Lafayette, Louisiana, Spartan is a provider of thru tubing and flow control services to oil and gas companies operating throughout the United States. The recapitalization was completed by Harren Equity Partners in partnership with Spartan's management team and employees.

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