PennantPark Floating Rate Capital Ltd. Completes CLO, Marking Continued Growth in PennantPark's CLO Platform [Yahoo! Finance]
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: Yahoo! Finance
a $350.55 million term debt securitization transaction with a four-year reinvestment period, twelve-year final maturity in the form of a collateralized loan obligation (“ CLO ”). The debt issued in the CLO (the “ Debt ”) is structured in the following manner: Class Par Amount ($ in millions) % of Capital Structure Coupon Expected Rating (S&P) Issuance Price A-1 Loans 3 Mo SOFR + 2.30% AAA A-1 Notes 3 Mo SOFR + 2.30% AAA A-2 Notes 3 Mo SOFR + 2.70% AAA B Notes 3 Mo SOFR + 2.90% AA C Notes 3 Mo SOFR + 3.90% A D Notes 3 Mo SOFR + 5.90% BBB- Sub Notes NR NA Total “I am extremely pleased with the pricing and structure of our latest CLO, which speaks volumes about our track record and the strength of our investment platform,” said Arthur Penn, Chief Executive Officer. “The maturity, reinvestment period and pricing of this financing are attractive and are well matched to our asset base. With the closing of CLO VIII, PennantPark
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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