PennantPark Floating Rate Capital issues $105M 7.375% Notes due 2031

PennantPark Floating Rate Capital Ltd.

Issued $105M aggregate principal of 7.375% Notes due June 15, 2031, including $5M from over-allotment.
Notes bear interest at 7.375% per annum, payable quarterly starting Sept 15, 2026.
Net proceeds approx. $101.19M; to repay credit facility and invest in portfolio companies.
Notes to list on NYSE under symbol PFLA; are direct unsecured obligations ranking pari passu.

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 Third Supplemental Indenture with Equiniti Trust Company, LLC valued at $105,000,000 aggregate principal amount of its 7.375% Notes due 2031 (effective 2026-06-01).

Action: entry
Agreement: notes offering
Counterparty: Equiniti Trust Company, LLC
Value: $105,000,000 aggregate principal amount of its 7.375% Notes due 2031
Effective: 2026-06-01

Exact text from the filing

On June 1, 2026, PennantPark Floating Rate Capital Ltd. (the “Company”) and Equiniti Trust Company, LLC (the “Trustee”) entered into a Third Supplemental Indenture (the “Third Supplemental Indenture”) to the Indenture between the Company and the Trustee, dated March 23, 2021 (the “Base Indenture,” and together with the Third Supplemental Indenture, the “Indenture”).

View on SEC.gov

Browse all material agreements →

PennantPark Floating Rate Capital Ltd. filing history →

Source: SEC EDGAR

accession 0001193125-26-251718

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.