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

Issuer:     PennantPark Floating Rate Capital Ltd. (PFLT)
CIK:        0001504619
Form:       8-K
Filed at:   2024-01-12T23:59:59+00:00
Accession:  0001171843-24-000243
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

PFLT prelim Q1 NAV $11.17-$11.22, NII $0.32-$0.34, non-accrual down to one loan
-------------------------------------------------------------------------------

- Net asset value per share estimated $11.17-$11.22 vs $11.13 at Sept 30, 2023.
- Net investment income estimated $0.32-$0.34 per share vs $0.32 prior quarter; core NII same range.
- Non-accrual loans reduced from three to one, now 0.1% of portfolio at cost and 0.0% at fair value.
- Borrowings: $260.9M credit facility, $185M 4.25% Notes due 2026, $228M asset-backed debt due 2031.
- Cash $75.8M and unused credit facility capacity $125.1M as of Dec 31, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1504619/000117184324000243/0001171843-24-000243-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1504619/000117184324000243/f8k_011224.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-000243

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