Ticker

MIAMI, Feb. 26, 2026 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the “Company”) (NYSE: PFLT) today announced that it has priced an underwritten public offering of $200 million aggregate principal amount of its 6.75% notes due 2029 (the “Notes”).

MIAMI, Feb. 24, 2026 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the “Company”) (NYSE: PFLT) today announced that PennantPark CLO VIII, LLC, a wholly-owned and consolidated subsidiary of the Company, has closed the refinancing of a four-year reinvestment period, twelve-year final maturity $356.5 million debt securitization.

There are multiple risks for your BDC investments now and three that specifically create risk for certain BDCs. Business development companies offer high yields but carry significant, often misunderstood risks, especially in falling interest rate environments. Volatile interest rates can damage BDC profitability and distributable income, causing dividend cuts and share price declines.

Shares of PennantPark Floating Rate Capital Ltd. (NASDAQ: PFLT - Get Free Report) have received a consensus recommendation of "Buy" from the seven research firms that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation, five have assigned a buy recommendation and one has given a

PennantPark Floating Rate Capital (NYSE:PFLT) invests in middle-market floating rate senior secured loans, operating as a business development company.