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At PennantPark, Art Penn says volatility turns investors’ attentions to middle-market CLOs John S. Hintze – Asset Securitization Report Middle market domestic companies, especially those owned by private-equity firms, face many of the same hurdles as their larger brethren, whether the tight labor market, supply chain snafus, inflation, interest-rate hikes, and the list goes on. However, their debt, often provided by a single lender or a small club, is arguably less volatile than much larger...
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MIAMI , March 30, 2022 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the “Company”) (NASDAQ: PNNT) today announced that it is transferring the listing of its common stock to the New York Stock Exchange (NYSE) from The NASDAQ Global Select Market.
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MIAMI , March 30, 2022 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the “Company”) (NASDAQ: PNNT) today announced that it is transferring the listing of its common stock to the New York Stock Exchange (NYSE) from The NASDAQ Global Select Market.
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Joint Venture Supports Growing Private Credit Business MIAMI , March 14, 2022 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the “Company”) (NASDAQ: PFLT) (TASE: PFLT) today announced that its unconsolidated joint venture with a subsidiary of Kemper Corporation (NYSE: KMPR), Trinity
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PennantPark Expands its Middle Market Business with Fourth CLO MIAMI , March 02, 2022 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the “Company”) (NASDAQ: PNNT) today announced that PennantPark Senior Loan Fund, LLC (“PSLF”), through PSLF’s wholly-owned and consolidated subsidiary,
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MIAMI , March 02, 2022 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NASDAQ: PFLT) (TASE: PFLT) declares its monthly distribution for March 2022 of $0.095 per share, payable on April 1, 2022 to stockholders of record as of March 17, 2022 .
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PennantPark Investment Corporation Unconsolidated Joint Venture, PennantPark Senior Loan Fund, LLC Completes $304 Million CLO PennantPark Investment Corporation announced that PennantPark Senior Loan Fund, through PSLF’s wholly-owned and consolidated subsidiary, PennantPark CLO IV, LLC, has closed a four-year reinvestment period, 12-year final maturity $304.0 million debt securitization in the form of a collateralized loan obligation (“CLO”). The transaction is the fourth middle market CLO for PennantPark, which has issued CLO vehicles since 2019. “PennantPark remains...
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MIAMI , Feb. 09, 2022 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (NASDAQ: PFLT) (TASE: PFLT) announced today financial results for the first fiscal quarter ended December 31, 2021 . HIGHLIGHTS Quarter ended December 31, 2021       ($ in millions, except per share amounts)          
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MIAMI , Feb. 09, 2022 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NASDAQ: PNNT) announced today financial results for the first fiscal quarter ended December 31, 2021 .           HIGHLIGHTS        Quarter ended December 31, 2021 ($ in millions, except per share amounts)       Assets and
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MIAMI , Feb. 09, 2022 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NASDAQ: PNNT) announced today that its Board of Directors has authorized a program for the purpose of repurchasing up to $25.0 million worth of its common stock at prices below the Company’s net asset
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