PennantPark Floating Rate Capital Ltd. Completes CLO, Marking Continued Growth in PennantPark’s CLO Platform
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
Company Research
Source: GlobeNewswire
MIAMI, Feb. 22, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the “Company”) (NYSE: PFLT) today announced that it completed a $350.55 million term debt securitization transaction with a four-year reinvestment period, twelve-year final maturity in the form of a collateralized loan obligation (“CLO”). The debt issued in the CLO (the “ Debt”) is structured in the following manner: ClassPar Amount($ in millions)% of Capital StructureCouponExpected Rating(S&P)Issuance PriceA-1 Loans$60,000,000 17.1% 3 Mo SOFR + 2.30%AAA100.0% A-1 Notes139,500,000 39.8% 3 Mo SOFR + 2.30%AAA
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PFLT
News
- PennantPark Floating Rate Capital: Q2 Proves Again That It Is One Of The Best BDCs Out There [Seeking Alpha]Seeking Alpha
- PennantPark Floating Rate Capital Ltd. (NYSE:PFLT) Q2 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- PennantPark Floating Rate Capital Ltd. Announces Financial Results for the Quarter Ended March 31, 2024GlobeNewswire
- PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.1025 per ShareGlobeNewswire
- Better Stock Than Its Sister: PennantPark Floating Rate Capital [Seeking Alpha]Seeking Alpha
PFLT
Earnings
- 5/8/24 - Miss
PFLT
Sec Filings
- 5/17/24 - Form 4
- 5/8/24 - Form 10-Q
- 5/8/24 - Form 8-K
- PFLT's page on the SEC website