In The News

NEW YORK , Jan. 04, 2022 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NASDAQ: PFLT) (TASE: PFLT) declares its monthly distribution for January 2022 of $0.095 per share, payable on February 1, 2022 to stockholders of record as of January 18, 2022 .Continue Reading

NEW YORK , Dec. 02, 2021 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NASDAQ: PFLT) (TASE: PFLT) declares its monthly distribution for December 2021 of $0.095 per share, payable on January 3, 2022 to stockholders of record as of December 20, 2021 .Continue Reading

NEW YORK , Dec. 02, 2021 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NASDAQ: PNNT) declares its first fiscal quarter 2022 distribution of $0.12 per share, payable on January 3, 2022 to stockholders of record as of December 20, 2021 .Continue Reading

NEW YORK , Nov. 17, 2021 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (NASDAQ: PFLT) (TASE: PFLT) announced today financial results for the fourth quarter and fiscal year ended September 30, 2021 . HIGHLIGHTS Quarter ended September 30, 2021 ($ in millions, except per share amounts)Continue Reading

NEW YORK , Nov. 17, 2021 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NASDAQ: PNNT) announced today financial results for the fourth quarter and fiscal year ended September 30, 2021 . HIGHLIGHTS Quarter ended September 30, 2021 ($ in millions, except per share amounts)                  Continue Reading

PennantPark Continues To Grow Its Middle Market CLO Business with the Closing of a $300.8 Million CLO PennantPark Investment Advisers, LLC announced the closing of a $300.8 million debt securitization in the form of a collateralized loan obligation (“CLO”). The debt issued in the CLO, has a three-year reinvestment period and 11-year final maturity. “This transaction reinforces PennantPark’s commitment to the growth of our CLO platform, and our ability to access attractive, long-term financing well...Continue Reading

NEW YORK , Nov. 02, 2021 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NASDAQ: PFLT) (TASE: PFLT) declares its monthly distribution for November 2021 of $0.095 per share, payable on December 1, 2021 to stockholders of record as of November 17, 2021 .Continue Reading

NEW YORK , Oct. 14, 2021 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the “Company”) (NASDAQ: PNNT) announced that it has priced an underwritten public offering of $165 million in aggregate principal amount of its 4.00% unsecured notes due 2026 (the “Notes”).Continue Reading

NEW YORK , Oct. 06, 2021 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (NASDAQ: PFLT) (TASE: PFLT) (“PFLT”) announced that it has priced an underwritten public offering of an additional $85 .0 million in aggregate principal amount of its 4.25% unsecured notes due 2026 (the “Notes”).Continue Reading

“Where we’re seeing the best risk-adjusted return in the marketplace today, is not only below $50 million EBITDA, but below $20 million EBITDA. And that’s where we’ve had our most recent successes, lending money to companies that we believe are safe loans and where we can co-invest in the equity.” PennantPark Founder and Managing Partner Art Penn, shared his insights on global debt, the shape of the company’s portfolio through the pandemic, and the current...Continue Reading