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In this uncertain interest rate environment, what can investors make of floating rate loans?Continue Reading

In this uncertain interest rate environment, what can investors make of floating rate loans?Continue Reading

MIAMI , April 03, 2024 (GLOBE NEWSWIRE) --  PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) (TASE:PFLT) announced that it will report results for the second fiscal quarter ended March 31, 2024 on Wednesday, May 8, 2024 after the close of the financial markets.Continue Reading

MIAMI , April 03, 2024 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) announced that it will report results for the second fiscal quarter ended March 31, 2024 on Wednesday, May 8, 2024 after the close of the financial markets.Continue Reading

MIAMI , April 02, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) (TASE: PFLT) declares its monthly distribution for April 2024 of $0.1025 per share, payable on May 1, 2024 to stockholders of record as of April 15, 2024 .Continue Reading

MIAMI , April 02, 2024 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) declares its monthly distribution for April 2024 of $0.07 per share, payable on May 1, 2024 to stockholders of record as of April 15, 2024 . The distribution is expected to be paid fromContinue Reading

PennantPark Completes PennantPark CLO IX, LLC, Continuing the Growth of PennantPark’s CLO Platform. PennantPark Investment Advisers, LLC announced the final close of a term debt securitization transaction with a two-year reinvestment period, ten-year final maturity in the form of a collateralized loan obligation (“CLO”) for PennantPark Senior Credit Fund Levered LP (the “Fund”). “I am extremely pleased with the pricing and structure of our ninth CLO, which highlights the track record and the strength of...Continue Reading

The important differences between sponsor-backed and non-sponsor-backed loans.Continue Reading

Demystifying the fees and terms used by Business Development Companies (BDCs).Continue Reading

Private credit, specifically direct lending, is gaining popularity in investor portfolios. With all of this talk about private credit strategies, how about a little refresher?Continue Reading