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MIAMI , Jan. 04, 2023 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the “Company”) (NYSE: PFLT) (TASE: PFLT) declares its monthly distribution for January 2023 of $0.095 per share, payable on February 1, 2023 to stockholders of record as of January 19, 2023 .Continue Reading

Art Penn Featured on Bloomberg Markets: The Close “Because we like this vintage (of loans), we are okay if this stays like this for a little while. It’s okay if we have a choppy market for the next year because we are going to be able to get better deals.” PennantPark’s Founder and Managing Partner, Art Penn, recently spoke with Bloomberg TV’s Kriti Gupta & Sonali Basak about his outlook for the credit market in...Continue Reading

Private Credit Lenders Sharpen Focus On Portfolio Management; New Issuance Slows Abby Latour and Olivia Fishlow – PitchBook Data PennantPark’s Founder and Managing Partner, Art Penn, recently highlighted the importance and impact of lender protections in a portfolio of middle market loans. During his interview with Abby Latour and Olivia Fishlow of PitchBook Data, Art specifically noted how “tight monitoring processes, covenants, and equity cushions best help protect investor capital.”   Read the Full ArticleContinue Reading

MIAMI , Dec. 02, 2022 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) (TASE: PFLT) declares its monthly distribution for December 2022 of $0.095 per share, payable on January 3, 2023 to stockholders of record as of December 19, 2022 .Continue Reading

Rising Interest Rates to Test Middle Market Borrowers Madeline Shi – PitchBook Data “It’s a very interesting time for those who put on more leverage.” PennantPark’s Founder and Managing Partner, Art Penn, spoke with Madeline Shi of PitchBook Data about the current middle market landscape and how rising rates will impact private lenders.   Read the Full ArticleContinue Reading

MIAMI , Nov. 16, 2022 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) (TASE: PFLT) announced today financial results for the fourth quarter and fiscal year ended September 30, 2022 . HIGHLIGHTS Quarter ended September 30, 2022 ($ in millions, except per share amounts) AssetsContinue Reading

MIAMI , Nov. 16, 2022 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NYSE: PNNT) announced today financial results for the fourth quarter and fiscal year ended September 30, 2022 . HIGHLIGHTS Quarter ended September 30, 2022 ($ in millions, except per share amounts)             Assets andContinue Reading

MIAMI , Nov. 02, 2022 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) (TASE: PFLT) declares its monthly distribution for November 2022 of $0.095 per share, payable on December 1, 2022 to stockholders of record as of November 17, 2022 .Continue Reading

PennantPark Closes $300m CLO “We are particularly pleased in our ability to expand the strong capital position of our platform in order to be able to invest in today’s attractive vintage of both primary and secondary opportunities.” PennantPark’s Founder and Managing Partner, Art Penn, spoke with Robin Goldwyn Bluenthal of Private Debt Investor about the close of the firm’s fifth CLO.   Read the Full ArticleContinue Reading

MIAMI , Oct. 21, 2022 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) (TASE:PFLT) announced that it will report results for the fourth fiscal quarter ended September 30, 2022 on Wednesday, November 16, 2022 after the close of the financial markets.Continue Reading