In The News

PennantPark’s Founder and Managing Partner, Art Penn, spoke with Trinity Chavez of NYSE about the private credit industry and the market dynamics that are driving more investors than ever before to middle market direct lending. Check out the video below and stay tuned for more episodes to come in our video series on private credit investing.Continue Reading

MIAMI , Sept. 05, 2023 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) (TASE: PFLT) declares its monthly distribution for September 2023 of $0.1025 per share, payable on October 2, 2023 to stockholders of record as of September 18, 2023 .Continue Reading

Private credit CLOs could soon get squeezed Tom Lemmon – GlobalCapital “About 15 companies across our portfolio needed liquidity,” he said, suggesting that the real question is how would this be solved — should the equity or the lenders pay up? “I give credit to our monthly financial statements and our tight quarterly covenants so that in all 15 of art those cases, the private equity sponsors offered to put in the liquidity,” he added....Continue Reading

MIAMI , Aug. 09, 2023 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NYSE: PNNT) announced today its financial results for the third quarter ended June 30, 2023 . HIGHLIGHTS Quarter ended June 30, 2023 (unaudited) ($ in millions, except per share amounts) Operating Results:       NetContinue Reading

MIAMI , Aug. 09, 2023 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) (TASE: PFLT) announced today its financial results for the third quarter ended June 30, 2023 .  HIGHLIGHTS Quarter ended June 30, 2023 (unaudited) ($ in millions, except per share amounts) OperatingContinue Reading

MIAMI , Aug. 02, 2023 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) (TASE: PFLT) declares its monthly distribution for August 2023 of $0.1025 per share, payable on September 1, 2023 to stockholders of record as of August 16, 2023 .Continue Reading

Marking Continued Growth in PennantPark’s Middle Market CLO Platform with Seven CLOs Under Management MIAMI , July 26, 2023 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the “ Company ”) (NYSE: PNNT) today announced that PennantPark Senior Loan Fund, LLC (“ PSLF ”) through itsContinue Reading

PennantPark Investment Corporation’s Unconsolidated Joint Venture, PennantPark Senior Loan Fund, LLC Completes $300 Million CLO, Marking Continued Growth in PennantPark’s Middle Market CLO Platform with Seven CLOs Under Management. PennantPark Investment Corporation (the “Company”) (NYSE: PNNT) today announced that PennantPark Senior Loan Fund, LLC (“PSLF”) through its wholly-owned and consolidated subsidiary, PennantPark CLO VII, LLC (“CLO VII”), has closed a $300 million debt securitization in the form of a collateralized loan obligation (“CLO”) with a...Continue Reading

MIAMI , July 06, 2023 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) announced that it will report results for the third fiscal quarter ended June 30, 2023 on Wednesday, August 9, 2023 after the close of the financial markets.Continue Reading

MIAMI , July 06, 2023 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) (TASE:PFLT) announced that it will report results for the third fiscal quarter ended June 30, 2023 on Wednesday, August 9, 2023 after the close of the financial markets.Continue Reading