PennantPark Floating Rate Capital Ltd. Upsizes Credit Facility to $611 Million
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, June 04, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) announced that as result of expanded lender partner relationships, it has upsized its credit facility, led by Truist Bank (the “Credit Facility”) to $611 million from $436 million. Pricing on this facility remained unchanged at SOFR plus 236 basis points. “We are appreciative of the support from all of our existing lending partners and pleased to have expanded our relationships. Their support highlights the confidence they have in our excellent long term track record,” said Arthur Penn, Chairman and Chief Executive Officer of PFLT. “This increased facility will expand our ability to serve middle-market sponsor and borrower clients by providing them with more comprehensive senior secured solutions. This enhanced credit facility positions us well to capture the opportunity in the core middle market, where our capital is strategic to our borrowers. As a result, the packag
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PFLT
News
- PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.1025 per ShareGlobeNewswire
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- PennantPark Floating Rate Capital Ltd. (NASDAQ: PFLT) was upgraded by analysts at Maxim Group from a "hold" rating to a "buy" rating. They now have a $12.00 price target on the stock.MarketBeat
- PennantPark Floating Rate Capital Ltd. (NASDAQ: PFLT) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
PFLT
Earnings
- 8/7/24 - In-Line
PFLT
Sec Filings
- 9/4/24 - Form 8-K
- 8/9/24 - Form 8-K
- 8/7/24 - Form 10-Q
- PFLT's page on the SEC website