---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-210695"
form_type: "8-K"
ticker: "PFLT"
cik: "0001504619"
company_name: "PennantPark Floating Rate Capital Ltd."
filed_at: "2023-08-11T23:59:59+00:00"
generated_at: "2026-06-11T14:15:33.753159+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# PennantPark Floating Rate Capital establishes $250M at-the-market equity offering program

## Summary
- Entered amended equity distribution agreements with Citizens JMP, Raymond James, and Truist Securities for up to $250M in common stock sales.
- Sales agents will receive up to 2.0% commission; sales may be made at-the-market on NYSE or negotiated transactions.
- Net proceeds to be used for investments in portfolio companies, general corporate purposes, or repaying existing indebtedness.
- Offering authorized under prospectus supplement dated August 11, 2023, effective with SEC registration statement.

## SEC filing metadata
- accession: 0001193125-23-210695
- form_type: 8-K
- ticker: PFLT
- cik: 0001504619
- company_name: PennantPark Floating Rate Capital Ltd.
- filed_at: 2023-08-11T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1504619/000119312523210695/0001193125-23-210695-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1504619/000119312523210695/d511427d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-210695
- JSON: https://secwatch.observer/filing/0001193125-23-210695.json
- Plain text: https://secwatch.observer/filing/0001193125-23-210695.txt

## Key facts
- Material Agreements
  PennantPark Floating Rate Capital Ltd. amended Equity Distribution Agreements with Citizens JMP Securities, LLC, Raymond James & Associates, Inc. and Truist Securities, Inc. valued at up to $250 million (effective 2023-08-11).
  - Action: amendment
  - Agreement: atm program
  - Counterparty: Citizens JMP Securities, LLC, Raymond James & Associates, Inc. and Truist Securities, Inc.
  - Value: up to $250 million
  - Effective: 2023-08-11
  source text: On August 11, 2023, PennantPark Floating Rate Capital, Ltd. (the “Company”) entered into separate amended and restated equity distribution agreements (together, the “Equity Distribution Agreements”) with each of Citizens 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 $250 million (which amount includes all of the Common Stock previously sold pursuant to the equity distribution agreements dated March 31, 2023).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1504619/000119312523210695/0001193125-23-210695-index.htm

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