PennantPark Floating Rate Capital Ltd. Amends Credit Facility, Lowering Spread and Extending Maturity
PennantPark Floating Rate Capital Ltd. (PFLT)
Last pennantpark floating rate capital ltd. earnings: 2/5 04:05 pm
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US:NASDAQ Investor Relations:
pennantpark.com/our-funds/pflt
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Source: GlobeNewswire
MIAMI, April 22, 2025 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (“PFLT”) (NYSE: PFLT) announced that it amended its credit facility agreement led by Truist Bank (the “Credit Facility”). As part of the amendment, PFLT decreased pricing to SOFR plus 200 basis points from SOFR plus 225 basis points, extended the reinvestment period one year to August 2028, extended the maturity date one year to August 2030, and increased the maximum first lien advance rate to 72.5% from 70.0%. As part of the amendment, commitments decreased from $736 million to $718 million. “We are appreciative of the support from our lending partners. The beneficial terms, lowering the interest rate spread and increasing advance rates, are a terrific result in the current market, which will benefit our investors,” said Arthur Penn, Chairman and Chief Executive Officer of PFLT. The Credit Facility is secured by all of the assets held by PennantPark Floating Rate Funding I, LLC, a wholly-owned subsid
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News
- Meet the Little-Known Company Yielding Nearly 14% That Can Continue to Deliver Monthly for Income Seekers in 2026 [Yahoo! Finance]Yahoo! Finance
- PennantPark Floating Rate Capital (NYSE:PFLT) had its "hold (c-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- PennantPark Floating Rate Capital: Very Good Moment To Exit (Downgrade) [Seeking Alpha]Seeking Alpha
- Truist Analyst Bullish on PennantPark Floating Rate Capital (PFLT) [Yahoo! Finance]Yahoo! Finance
- PennantPark declares $0.1025 dividend [Seeking Alpha]Seeking Alpha
PFLT
Earnings
- 11/24/25 - In-Line
PFLT
Sec Filings
- 12/17/25 - Form DEF
- 12/3/25 - Form 4
- 12/2/25 - Form 8-K
- PFLT's page on the SEC website