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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 .
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MIAMI , June 04, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) declares its monthly distribution for June 2024 of $0.1025 per share, payable on July 1, 2024 to stockholders of record as of June 14, 2024 .
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MIAMI , May 21, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the “ Company ”) (NYSE: PFLT) today announced that PennantPark Senior Secured Loan Fund I LLC (“ PSSL ”) through PSSL’s wholly-owned and consolidated subsidiary, PennantPark CLO II, Ltd (“ CLO II ”) has closed the
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MIAMI , May 08, 2024 (GLOBE NEWSWIRE) --  PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) announced today its financial results for the second quarter ended March 31, 2024 . HIGHLIGHTS Quarter ended March 31, 2024 (Unaudited) ($ in millions, except per share amounts) Assets and Liabilities:    
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MIAMI , May 08, 2024 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NYSE: PNNT) announced today its financial results for the second quarter ended March 31, 2024 . HIGHLIGHTS         Quarter ended March 31, 2024 (unaudited) ($ in millions, except per share amounts)
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Private credit can provide investors with diversification benefits due to its low correlation with traditional asset classes. Unlike public markets, it has historically delivered consistent income regardless of market conditions, offering a potentially more stable investment opportunity.
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MIAMI , May 02, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) (TASE: PFLT) declares its monthly distribution for May 2024 of $0.1025 per share, payable on June 3, 2024 to stockholders of record as of May 15, 2024 .
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MIAMI , May 02, 2024 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) declares its monthly distribution for May 2024 of $0.07 per share, payable on June 3, 2024 to stockholders of record as of May 15, 2024 . The distribution is expected to be paid from taxable net
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In this uncertain interest rate environment, what can investors make of floating rate loans?
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