PennantPark Floating Rate Capital Ltd. Upsizes Credit Facility to $736 Million
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PennantPark Floating Rate Capital Ltd. has increased its credit facility to $736 million, maintaining the same pricing terms.

December 26, 2024 | 9:15 pm
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PennantPark Floating Rate Capital Ltd. has increased its credit facility to $736 million, maintaining the same pricing terms.
The increase in the credit facility provides PFLT with additional financial flexibility, which can be positive for its operations and growth. The unchanged pricing indicates stable borrowing costs, which is favorable in maintaining profitability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100