secwatch / observer
8-K filed March 31, 2023, 7:59 PM ET ticker PFLT CIK 0001504619
other material confidence high sentiment neutral materiality 0.50

PFLT enters equity distribution agreements to sell up to $100M of common stock via ATM

PennantPark Floating Rate Capital Ltd.

item 1.01item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

PennantPark Floating Rate Capital Ltd. entered into Equity Distribution Agreements with JMP Securities LLC, Raymond James & Associates, Inc. and Truist Securities, Inc. valued at $100 million (effective 2023-03-31).

Action
entry
Agreement
atm program
Counterparty
JMP Securities LLC, Raymond James & Associates, Inc. and Truist Securities, Inc.
Value
$100 million
Effective
2023-03-31
Exact text from the filing
On March 31, 2023, PennantPark Floating Rate Capital, Ltd. (the “Company”) entered into equity distribution agreements (together, the “Equity Distribution Agreements”) with each of JMP Securities LLC, Raymond James & Associates, Inc. and Truist Securities, Inc., as the sales agents (each, a “Sales Agent,” and together, the “Sales Agents”), in connection with the sale of shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”), with an aggregate offering price of up to $100 million.
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PennantPark Floating Rate Capital Ltd. filing history →

Source: SEC EDGAR
accession 0001193125-23-088061
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