PennantPark Floating Rate Capital Ltd. (NASDAQ:PFLT) Files An 8-K Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure.
PennantPark Floating Rate Capital Ltd. Exhibit
EX-99.1 2 exh_991.htm PRESS RELEASE EXHIBIT 99.1PennantPark Floating Rate Capital Ltd. Announces Monthly Distributions of $0.095 per Share NEW YORK,…
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About PennantPark Floating Rate Capital Ltd. (NASDAQ:PFLT)
PennantPark Floating Rate Capital Ltd. is a business development company. The Company is a closed-end, externally managed and non-diversified investment company. Its investment objectives are to generate current income and capital appreciation by investing primarily in floating rate loans and other investments made to the United States middle-market companies. It provides first lien secured debt and other opportunistic financings (senior notes, second lien, mezzanine, private high yield debt, and preferred and common stock) to middle market sponsors and companies. Its investments may include equity features, such as direct investments in the equity securities of borrowers or warrants or options to buy a minority interest in a portfolio company. It has investments in various sectors, including aerospace and defense; consumer services; healthcare and pharmaceuticals, and others. Its investment activities are managed by the investment advisor, PennantPark Investment Advisers, LLC.