PennantPark Floating Rate Capital Ltd. Upsizes Credit Facility to $611 Million
PennantPark Floating Rate Capital .(PFLT) Newsfilter·2024-06-05 04:06
MIAMI, June 04, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE:PFLT) announced that as result of expanded lender partner relationships, it has upsized its credit facility, led by Truist Bank (the "Credit Facility") to $611 million from $436 million. Pricing on this facility remained unchanged at SOFR plus 236 basis points. "We are appreciative of the support from all of our existing lending partners and pleased to have expanded our relationships. Their support highligh ...