secwatch.observer — SEC 8-K summary
======================================

Issuer:     PennantPark Floating Rate Capital Ltd. (PFLT)
CIK:        0001504619
Form:       8-K
Filed at:   2023-08-09T23:59:59+00:00
Accession:  0001171843-23-005150
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PFLT Q3 NII $0.36/share; NAV $10.96; yield on debt 12.4%
--------------------------------------------------------

- Net investment income $18.5M ($0.36/share); core NII $0.31/share covering $0.30 distribution.
- Portfolio $1.1B, 130 companies; 100% floating-rate debt; weighted average yield 12.4% (up from 10.0% a year ago).
- NAV per share $10.96, down 1.7% sequentially; net unrealized depreciation on investments $35.2M.
- Three non-accrual investments, 1% of portfolio at cost, 0% at fair value.
- Post-quarter: ATM issuance of 3.2M shares at $11.01 raised $35.2M; credit facility increased $20M to $386M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1504619/000117184323005150/0001171843-23-005150-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1504619/000117184323005150/f8k_080923.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-005150

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer