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MIAMI , April 05, 2023 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) announced that it will report results for the second fiscal quarter ended March 31, 2023 on Wednesday, May 10, 2023 after the close of the financial markets.Continue Reading

MIAMI , April 04, 2023 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) (TASE: PFLT) declares its monthly distribution for April 2023 of $0.10 per share, payable on May 1, 2023 to stockholders of record as of April 18, 2023 .Continue Reading

Art Penn talks about middle market credit Judy Khan Shaw – MiNYSE Floor Talk “We think 2023 is going to be a great vintage for middle market private credit because risk is lower, debt relative to cash flow is lower, tighter covenants and more time to do proper due diligence, and the yields and spreads are higher.” PennantPark’s Founder and Managing Partner, Art Penn, recently appeared on NYSE Floor Talk to discuss some of the...Continue Reading

MIAMI , Feb. 08, 2023 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) (TASE: PFLT) announced today financial results for the first fiscal quarter ended December 31, 2022 . HIGHLIGHTS Quarter ended December 31, 2022 (Unaudited) ($ in millions, except per share amounts) AssetsContinue Reading

MIAMI , Feb. 08, 2023 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NYSE: PNNT) announced today financial results for the first quarter ended December 31, 2022 . HIGHLIGHTS Quarter ended December 31, 2022 (Unaudited) ($ in millions, except per share amounts) Assets and Liabilities:      Continue Reading

Dealmaking in the Year Ahead Anastasia Donde – Middle Market Growth “We were funding a few deals at year-end, but it’s less than we thought we would, as a slowing economy and higher financing costs took hold,” says Art Penn, founder at private credit firm PennantPark. “We’re in the careful and cautious camp—not putting it all into the market right now. This environment is going to last a while, so it necessitates careful deployment.” PennantPark’s...Continue Reading

Credit Rendezvous: Make yourself comfortable, there’s a storm coming Hugh Minch – Creditflux “Even in the face of an expected US recession in 2023, Penn says that the low risk levels of the 2023 vintage of direct lending funds could see them become one of the best performing cohorts this year, echoing the performance of the 2009-vintage market following the global financial crisis.” PennantPark’s Founder and Managing Partner, Art Penn, was recently featured in Hugh...Continue Reading

MIAMI , Feb. 02, 2023 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) (TASE: PFLT) declares its monthly distribution for February 2023 of $0.095 per share, payable on March 1, 2023 to stockholders of record as of February 16, 2023 .Continue Reading

MIAMI , Jan. 23, 2023 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) (TASE: PFLT) , a business development company (the “Company”), today announced that it has entered into an agreement to sell 4,250,000 shares of common stock resulting in net proceeds exclusive of offeringContinue Reading

MIAMI , Jan. 23, 2023 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd.   (the “Company”) (NYSE: PFLT) (TASE: PFLT) today announced that it has commenced an underwritten primary offering of 4,250,000 shares of its common stock (the “Offering”).Continue Reading