---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-025677"
form_type: "8-K"
ticker: "PFLT"
cik: "0001504619"
company_name: "PennantPark Floating Rate Capital Ltd."
filed_at: "2025-02-24T23:59:59+00:00"
generated_at: "2026-05-26T05:46:36.946282+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# PennantPark Floating Rate Capital closes $474.6M CLO securitization

## Summary
- Issued $220.5M AAA Class A-1 Notes at SOFR+1.49%, $85.1M subordinated notes.
- Total debt includes $10M Class A-1L-A and $45M Class A-1L-B loans at SOFR+1.49%.
- CLO matures April 20, 2037; backed by ~$423.6M par of middle-market loans.
- Company retains Class D Notes and Subordinated Notes; collateral manager fees waived.
- Issuer is subsidiary PennantPark CLO 11, LLC; proceeds to purchase additional loans through April 2029.

## SEC filing metadata
- accession: 0000950170-25-025677
- form_type: 8-K
- ticker: PFLT
- cik: 0001504619
- company_name: PennantPark Floating Rate Capital Ltd.
- filed_at: 2025-02-24T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1504619/000095017025025677/0000950170-25-025677-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1504619/000095017025025677/pflt-20250220.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-025677
- JSON: https://secwatch.observer/filing/0000950170-25-025677.json
- Plain text: https://secwatch.observer/filing/0000950170-25-025677.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.