Welcome to our dedicated page for Pennantpark Floating Rate Cap news (Ticker: PFLT), a resource for investors and traders seeking the latest updates and insights on Pennantpark Floating Rate Cap stock.
PennantPark Floating Rate Capital Ltd. reports financial results and distribution updates for a closed-end, externally managed, non-diversified investment company focused on floating-rate loans and other investments in U.S. middle-market companies. Its updates describe net investment income, net asset value, portfolio yields, non-accruals and the mix of first lien secured debt, subordinated debt, preferred stock and common equity.
Recurring news also covers monthly distributions, taxable net investment income, regulated investment company tax treatment, activity in the PSSL and PSSL II joint ventures, and capital-structure transactions such as debt securitizations conducted through consolidated subsidiaries.
PennantPark Floating Rate Capital Ltd (NYSE: PFLT) priced an underwritten public offering of $200.0 million aggregate principal amount of 6.75% notes due March 4, 2029. The offering is expected to close on or about March 4, 2026.
The company intends to use net proceeds to repay its revolving credit facility, to invest in new or existing portfolio companies, and for general corporate or strategic purposes. Joint book-runners and co-managers were appointed and the shelf registration statement is effective.
PennantPark Floating Rate Capital (NYSE: PFLT) closed a $356.5 million refinancing of PennantPark CLO VIII, extending final maturity to April 2038 and fully funding replacement debt at closing. Weighted average cost of capital is expected to fall by 114 basis points from SOFR+2.79% to SOFR+1.65%.
PFLT will retain the $69.45 million subordinated notes through a consolidated subsidiary; placement agent was GreensLedge and co-structuring agent was KeyBanc. PennantPark manages ~$3.7 billion in securitization assets and ~$10.0 billion of investable capital.
PennantPark Floating Rate Capital (NYSE: PFLT) reported results for the quarter ended December 31, 2025, with investment portfolio of $2,605.3M and net assets of $1,040.4M (NAV $10.49, quarterly NAV change -3.1%).
Net investment income was $26.6M ($0.27/share); distributions declared were $0.3075/share. Portfolio yield on debt investments was 9.9% and debt/equity was 1.57x. PSSL II commenced operations and invested ~$196.5M and later upsized its credit facility to $250M.
PennantPark Floating Rate Capital (NYSE: PFLT) declared a monthly distribution of $0.1025 per share for February 2026, payable March 2, 2026 to holders of record on February 17, 2026. The Company expects the distribution to be paid from taxable net investment income.
Final tax characteristics will be reported on Form 1099 after year-end; interest-related dividends and short-term capital gains may be exempt from U.S. withholding tax for non-U.S. stockholders with proper documentation. The adviser manages approximately $10 billion of investable capital and the company invests primarily in U.S. middle-market floating-rate senior secured loans.
PennantPark Floating Rate Capital Ltd (NYSE: PFLT) will report results for the first fiscal quarter ended December 31, 2025 on Monday, February 9, 2026 after market close.
The company will host a conference call at 9:00 a.m. ET on Tuesday, February 10, 2026; domestic participants may dial toll-free (800) 330-6710, international callers (646) 769-9200, and all callers should reference conference ID 9076698. An archived replay will be available on the Quarterly Earnings page in the investor section of the company website.
Business profile: PFLT is a business development company that primarily invests in U.S. middle-market private companies via floating rate senior secured loans and occasional equity investments, and is managed by PennantPark Investment Advisers, which manages approximately $10 billion of investable capital.
PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) declared a $0.1025 per share monthly distribution for January 2026, payable on February 2, 2026 to holders of record on January 16, 2026. The distribution is expected to be paid from taxable net investment income. Final tax characteristics will be reported on Form 1099 and in the company's SEC periodic report.
The company is a business development company investing primarily in U.S. middle-market floating-rate senior secured loans and is managed by PennantPark Investment Advisers, which manages approximately $10 billion of investable capital.
PennantPark Floating Rate Capital (NYSE: PFLT) declared a monthly distribution of $0.1025 per share for December 2025, payable on January 2, 2026 to holders of record as of December 15, 2025. The Company expects the distribution to be paid from taxable net investment income, with final tax characteristics reported on Form 1099 and in its SEC filings.
The company operates as a regulated investment company (RIC) investing primarily in U.S. middle-market floating-rate senior secured loans and is managed by PennantPark Investment Advisers, which manages approximately $10 billion of investable capital. Non-U.S. stockholders may receive interest-related dividends that can be exempt from U.S. withholding tax with proper documentation.
PennantPark Floating Rate Capital (NYSE: PFLT) reported results for the quarter and fiscal year ended September 30, 2025. Key metrics: investment portfolio $2,773.3M, net assets $1,074.5M, NAV per share $10.83 with a -1.2% quarterly NAV change. Quarterly net investment income was $27.5M ($0.28/sh) and fiscal year NII was $107.2M ($1.16/sh). Weighted average yield on debt investments was 10.2%. Portfolio net unrealized depreciation was $46.1M. The company invested $1,741.3M during the year and issued 21.638M shares via ATM, raising $244.8M. A conference call is scheduled for Nov 25, 2025 at 9:00 AM ET.
PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) declared a monthly distribution of $0.1025 per share for November 2025, payable on December 1, 2025 to shareholders of record on November 17, 2025. The company expects the distribution to be paid from taxable net investment income. Final tax characteristics will be reported on Form 1099 after year-end and in the company's SEC periodic report. As a regulated investment company (RIC), portions that qualify as interest-related dividends may be exempt from U.S. withholding for non-U.S. holders with proper documentation.
PennantPark Floating Rate Capital Ltd (NYSE: PFLT) will report fourth fiscal quarter results for the period ended September 30, 2025 on Monday, November 24, 2025 after market close.
The company will host a conference call at 9:00 a.m. ET on Tuesday, November 25, 2025. Dial-in: toll-free (800) 330-6710 or international (646) 769-9200; reference conference ID 4736718. A replay and archived webcast will be available on the Quarterly Earnings page in the Investor section of pennantpark.com.
Background: PFLT is a business development company investing primarily in U.S. middle-market floating rate senior secured loans. PennantPark Investment Advisers manages approximately $10 billion of investable capital.