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PennantPark Floating Rate Capital Ltd. Announces Upsize of Joint Venture
JYNTThe Joint (JYNT) GlobeNewswire News Room·2024-12-12 21:30

Joint Venture to Continue to Target the Attractive Core Middle Market Joint Venture Is Generating Strong Returns MIAMI, Dec. 12, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (“PFLT”) (NYSE: PFLT) today announced it has agreed to expand its investment in PennantPark Senior Secured Loan Fund I LLC (“PSSL” or the “JV”). This transaction further strengthens this strategic partnership, which was put into place over seven years ago, and has generated strong returns to date. PFLT and its JV part ...