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Art Penn Featured on Bloomberg Markets: European Close “We’re as busy as we’ve ever been in 14 years in the business.” PennantPark’s Founder and Managing Partner, Art Penn, spoke with Bloomberg TV’s Alix Steel, Guy Johnson and Sonali Basak, during “Bloomberg Markets: European Close,” where he discussed the factors contributing to the growth of non-bank lenders, the trend of big banks exiting the middle market, loan growth, global supply chain issues and more. During this...
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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”).
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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”).
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“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...
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NEW YORK , Oct. 04, 2021 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NASDAQ: PFLT) (TASE:PFLT) announced that it will report results for the fourth fiscal quarter ended September 30, 2021 on Wednesday, November 17, 2021 after the close of the financial markets.
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NEW YORK , Oct. 04, 2021 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NASDAQ: PNNT) announced that it will report results for the fourth fiscal quarter ended September 30, 2021 on Wednesday, November 17, 2021 after the close of the financial markets.
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NEW YORK , Oct. 04, 2021 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NASDAQ: PFLT) (TASE: PFLT) declares its monthly distribution for October 2021 of $0.095 per share, payable on November 1, 2021 to stockholders of record as of October 18, 2021 .
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NEW YORK , Sept. 02, 2021 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NASDAQ: PNNT) declares its fourth fiscal quarter 2021 distribution of $0.12 per share, payable on October 1, 2021 to stockholders of record as of September 17, 2021 .
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NEW YORK , Sept. 02, 2021 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NASDAQ: PFLT) (TASE: PFLT) declares its monthly distribution for September 2021 of $0.095 per share, payable on October 1, 2021 to stockholders of record as of September 17, 2021 .
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PennantPark hires for fundraising role Susan Barreto – Alternatives Watch Susan Barreto of Alternatives Watch shared news announcing that Pete Mitchell has joined the company as Managing Director, Head of Private Capital Fundraising. In his new role, Pete will lead fundraising for the firm’s private vehicles as we continue to expand our middle market private credit investment business. Art shared the following on Pete’s addition, “We are pleased to welcome Pete to our team, as...
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