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0 0 0 0 0.00156918687589158 0.00563480741797426 0.000570613409415008 0.000570613409415008
Stock impact report

PennantPark Floating Rate Capital Ltd.'s Unconsolidated Joint Venture, PennantPark Senior Secured Loan Fund I LLC Completes the Refinancing of $300.7 Million CLO, Marking Continued Support...

Capital One Financial Corporation (COF) 
Last capital one financial corporation earnings: 4/23 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Secured Loan Fund I LLC (“ PSSL ”) through PSSL's wholly-owned and consolidated subsidiary, PennantPark CLO II, Ltd (“ CLO II ”) has closed the refinancing of a four-year reinvestment period, twelve-year final maturity $300.7 million debt securitization in the form of a collateralized loan obligation (“ CLO ”). The debt issued in the CLO (the “ Debt ”) is structured in the following manner: Class Par Amount ($ in millions) % of Capital Structure Coupon Expected Rating (S&P) Issuance Price A-1-R Loans 3 Mo SOFR + 1.93% AAA A-1-R Notes 3 Mo SOFR + 1.93% AAA A-2-R Notes 3 Mo SOFR + 2.20% AAA B-R Notes 3 Mo SOFR + 2.35% AA C-R Notes 3 Mo SOFR + 3.10% A D-R Notes 3 Mo SOFR + 4.95% BBB- E-R Notes 3 Mo SOFR + 7.50% BB- N/A Preferred Shares N/A NR N/A Total “Our track record and high quality loan portfolio have combined to create a market-leading cost of capital for our platform and a lower cost of debt capital for PFLT Show less Read more
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