---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-082897"
form_type: "8-K"
ticker: "PFLT"
cik: "0001504619"
company_name: "PennantPark Floating Rate Capital Ltd."
filed_at: "2026-02-27T23:59:59+00:00"
generated_at: "2026-05-15T23:02:10.133814+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# PennantPark closes $356.5M CLO refinancing and upsize, new notes issued

## Summary
- Refinanced and upsized CLO VIII to $356.5M total debt securitization; new notes and loans issued.
- Issued $123M Class A-1-R Notes at SOFR+1.43%, $80M Class A-1-R Loans at SOFR+1.43%, and other tranches.
- Replacement debt matures April 2038; 100% funded at closing; non-recourse to the company.
- Company retains subordinated notes through consolidated subsidiary; waives base management fee as portfolio manager.
- Proceeds used to redeem prior CLO notes and pay fees; upsize provides additional capital.

## SEC filing metadata
- accession: 0001193125-26-082897
- form_type: 8-K
- ticker: PFLT
- cik: 0001504619
- company_name: PennantPark Floating Rate Capital Ltd.
- filed_at: 2026-02-27T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1504619/000119312526082897/0001193125-26-082897-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1504619/000119312526082897/d24827d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-082897
- JSON: https://secwatch.observer/filing/0001193125-26-082897.json
- Plain text: https://secwatch.observer/filing/0001193125-26-082897.txt

## Source-grounded claims
- claim_id: 18def5e750ee7603d07dbf9e10cc475308c8e69f
  claim: PennantPark Floating Rate Capital Ltd. incurred senior notes of $19.25 million with Wilmington Trust, National Association at three-month SOFR plus 3.20% maturing April 2038.
  evidence_excerpt: (v) $19.25 million of D-R Notes, which bear interest at three-month SOFR plus 3.20%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1504619/000119312526082897/0001193125-26-082897-index.htm
- claim_id: 4b96621a203f00ae7fdb969d2737a1376511d754
  claim: PennantPark Floating Rate Capital Ltd. incurred senior notes of $24.5 million with Wilmington Trust, National Association at three-month SOFR plus 2.15% maturing April 2038.
  evidence_excerpt: (iv) $24.5 million of C-R Notes, which bear interest at three-month SOFR plus 2.15%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1504619/000119312526082897/0001193125-26-082897-index.htm
- claim_id: 8d6958c47ceee9d1e8ecc5967f56969f448924b8
  claim: PennantPark Floating Rate Capital Ltd. incurred senior notes of $26.25 million with Wilmington Trust, National Association at three-month SOFR plus 1.75% maturing April 2038.
  evidence_excerpt: (iii) $26.25 million of Class B-R Notes, which bear interest at three-month SOFR plus 1.75%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1504619/000119312526082897/0001193125-26-082897-index.htm
- claim_id: 9c42ce23835640f538802abe88fa8ca7454c493a
  claim: PennantPark Floating Rate Capital Ltd. incurred senior notes of $123 million with Wilmington Trust, National Association at three-month SOFR plus 1.43% maturing April 2038.
  evidence_excerpt: (i) $123 million of A-1-R Notes, which bear interest at the three-month secured overnight financing rate (“ SOFR ”) plus 1.43%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1504619/000119312526082897/0001193125-26-082897-index.htm
- claim_id: c54050eca878aab6d467928661e44d3eac1d8639
  claim: PennantPark Floating Rate Capital Ltd. incurred senior notes of $14 million with Wilmington Trust, National Association at three-month SOFR plus 1.60% maturing April 2038.
  evidence_excerpt: (ii) $14 million of A-2-R Notes, which bear interest at three-month SOFR plus 1.60%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1504619/000119312526082897/0001193125-26-082897-index.htm
- claim_id: bf5c78c504b59c204fca55d4b65b77c3d0af055b
  claim: PennantPark Floating Rate Capital Ltd. amended CLO Reset Transaction with Wilmington Trust, National Association valued at Refinancing and upsize of $356.5 million debt securitization; issuance of Replacement Notes and Clas (effective 2026-02-24).
  evidence_excerpt: On February 24, 2026 (“ Closing Date ”), PennantPark CLO VIII, LLC (the “ Issuer ”), a wholly-owned and consolidated subsidiary of PennantPark Floating Rate Capital Ltd. (the “ Company ”), closed the refinancing and upsize of a four-year reinvestment period, twelve-year final maturity $ 356.5 million debt securitization in the form of a collateralized loan obligation (the “ CLO Reset Transaction ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1504619/000119312526082897/0001193125-26-082897-index.htm

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