07:42 AM EST, 01/31/2025 (MT Newswires) -- Prospect Capital ( PSEC ) said Friday it has provided a total of $65 million in financing to Taos Footwear, including a first lien senior secured term loan, a convertible term loan, and a preferred equity investment.

The deal was completed in collaboration with Taos Footwear's founder and leadership team, Prospect Capital ( PSEC ) said.