Summary: PennantPark Floating Rate Capital Ltd. announced the refinancing of a $300.7 million debt securitization in the form of a collateralized loan obligation, extending the maturity to April 2036.
Full articleSummary: PennantPark Floating Rate Capital Ltd. announced the refinancing of a $300.7 million debt securitization in the form of a collateralized loan obligation (CLO) with an extended maturity to April 2036. The Company's CEO highlighted the market-leading cost of capital and lower cost of debt capital for PFLT and PSSL.
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