Company research
PennantPark Floating Rate Capital Ltd.
CIK 1504619Updated Sep 26, 2026
Name history
PennantPark Senior Floating Rate Fund Inc. · through Dec 16, 2010
PFLT price & chart
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NYSE:PFLT on TradingView ↗About the company
PennantPark Floating Rate Capital Ltd. is a business development company which primarily invests in U.S. middle-market private companies in the form of floating rate senior secured loans, including first lien secured debt, second lien secured debt and subordinated debt. From time to time, the Company may also invest in equity investments. PennantPark Floating Rate Capital Ltd. is managed by PennantPark Investment Advisers, LLC.
In the news
PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of Third Fiscal Quarter 2026 Results ↗
Recent filings
Regulation FD Disclosure
Items 7.01, 9.01
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
Regulation FD Disclosure
Items 7.01, 9.01
Regulation FD Disclosure
Items 7.01, 9.01
Show 5 more recent filings
Regulation FD Disclosure
Items 7.01, 9.01
40-17G filing
Regulation FD Disclosure
Items 7.01, 9.01
CERT filing
8-A12B filing
Financials
FY 2025 · USDSource
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 2,913,681,000Source | 2,108,845,000Source | 1,179,611,000Source | 1,223,866,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 122,688,000Source | 112,050,000Source | 100,555,000Source | 47,880,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 1,839,165,000Source | 1,231,551,000Source | 526,006,000Source | 696,774,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 99,000Source | 78,000Source | 59,000Source | 45,000Source |
| Retained Earnings (Accumulated Deficit)USD | -145,085,000Source | -99,528,000Source | -111,641,000Source | -90,981,000Source |
| Stockholders' Equity Attributable to ParentUSD | 1,074,516,000Source | 877,294,000Source | 653,605,000Source | 527,092,000Source |
| Additional Paid in Capital, Common StockUSD | 1,219,502,000Source | 976,744,000Source | 765,187,000Source | 618,028,000Source |
| Liabilities and EquityUSD | 2,913,681,000Source | 2,108,845,000Source | 1,179,611,000Source | 1,223,866,000Source |
| Deferred Income Tax Liabilities, NetUSD | 1,864,000Source | 1,712,000Source | 1,794,000Source | 4,568,000Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | 1,900,000Source | 1,700,000Source | 1,800,000Source | 4,600,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | 91,839,000Source | 39,261,000Source | 3,453,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -720,581,000Source | -801,378,000Source | 140,562,000Source | -49,962,000Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 731,221,000Source | 812,869,000Source | -91,532,000Source | 47,696,000Source |
| Dividends paid | — | — | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | -2,266,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 86,948,000Source | 51,204,000Source | 36,306,000Source | 26,091,000Source |
| Income Taxes Paid, NetUSD | 975,000Source | 1,060,000Source | 530,000Source | 1,167,000Source |
| Additional Financial Items | ||||
| Amortization of Debt Issuance CostsUSD | 1,751,000Source | — | — | 737,000Source |
| Debt and Equity Securities, Realized Gain (Loss)USD | -5,941,000Source | — | — | — |
| Debt and Equity Securities, Unrealized Gain (Loss)USD | -34,634,000Source | — | — | — |
| Debt Securities, Realized Gain (Loss)USD | 0Source | 383,000Source | — | — |
| Gain (Loss) on InvestmentsUSD | — | — | — | -11,106,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | 0Source | -383,000Source | — | — |
| General and Administrative ExpenseUSD | 2,800,000Source | 2,161,000Source | 999,000Source | 575,000Source |
| InterestAndDividendIncomeOperatingPaidInKindUSD | 5,291,000Source | — | — | — |
| Net Income (Loss) Attributable to ParentUSD | 66,365,000Source | 91,839,000Source | 39,261,000Source | 3,453,000Source |
| Payments to Acquire InvestmentsUSD | 1,746,600,000Source | 1,411,200,000Source | 325,800,000Source | 609,200,000Source |
| Realized Investment Gains (Losses)USD | -5,941,000Source | 222,000Source | -15,892,000Source | -11,106,000Source |
| Unrealized Gain (Loss) on InvestmentsUSD | — | — | -12,565,000Source | -24,512,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Net Income (Loss) Attributable to ParentUSD | 66,365,000Source | 91,839,000Source | 39,261,000Source | 3,453,000Source |
| Additional Financial Items | ||||
| Costs and ExpensesUSD | — | — | — | 56,903,000Source |
| Debt and Equity Securities, Realized Gain (Loss)USD | -5,941,000Source | — | — | — |
| Debt and Equity Securities, Unrealized Gain (Loss)USD | -34,634,000Source | — | — | — |
| Debt Securities, Realized Gain (Loss)USD | 0Source | 383,000Source | — | — |
| Gain (Loss) on InvestmentsUSD | — | — | — | -11,106,000Source |
| General and Administrative ExpenseUSD | 2,800,000Source | 2,161,000Source | 999,000Source | 575,000Source |
| Investment Income, NetUSD | — | 77,721,000Source | 67,491,000Source | 48,582,000Source |
| InvestmentIncomeOperatingAfterExpenseAndTaxUSD | 107,154,000Source | — | — | — |
| Management Fee ExpenseUSD | 23,346,000Source | 14,871,000Source | 11,402,000Source | 11,930,000Source |
| Net Investment IncomeUSD | 107,154,000Source | 77,721,000Source | 67,491,000Source | 48,582,000Source |
| Realized Investment Gains (Losses)USD | -5,941,000Source | 222,000Source | -15,892,000Source | -11,106,000Source |
Filing attachments
d37162dex42.htm · 8-K · 2026-06-01
EX-4.2 2 d37162dex42.htm EX-4.2 EX-4.2 Exhibit 4.2 E XECUTION V ERSION THIRD SUPPLEMENTAL INDENTURE between PENNANTPARK FLOATING RATE CAPITAL LTD. and EQUINITI TRUST COMPANY, LLC, as Trustee Dated as of June 1, 2026 THIRD SUPPLEMENTAL INDENTURE THIS THIRD SUPPLEMENTAL INDENTURE (this “Third Supplemental Indenture”), dated as of June 1, 2026, is between PennantPark Floating Rate Capital Ltd., a Maryland corporation (the “Company”), and Equiniti Trust Company, LLC, as trustee (the “…
Read attachment ↗d254628dex42.htm · 8-K · 2026-03-04
EX-4.2 2 d254628dex42.htm EX-4.2 EX-4.2 E XHIBIT 4.2 SECOND SUPPLEMENTAL INDENTURE between PENNANTPARK FLOATING RATE CAPITAL LTD. and EQUINITI TRUST COMPANY, LLC, as Trustee Dated as of March 4, 2026 SECOND SUPPLEMENTAL INDENTURE THIS SECOND SUPPLEMENTAL INDENTURE (this “Second Supplemental Indenture”), dated as of March 4, 2026, is between PennantPark Floating Rate Capital Ltd., a Maryland corporation (the “Company”), and Equiniti Trust Company, LLC, as trustee (the “Trustee”). Al…
Read attachment ↗d944639dex991.htm · 8-K · 2025-04-22
EX-99.1 3 d944639dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 PennantPark Floating Rate Capital Ltd. Amends Credit Facility, Lowering Spread and Extending Maturity April 22, 2025 MIAMI, April. 22, 2025 (GLOBE NEWSWIRE) - PennantPark Floating Rate Capital Ltd. (“PFLT”) (NYSE: PFLT) announced that it amended its credit facility agreement led by Truist Bank (the “Credit Facility”). As part of the amendment, PFLT decreased pricing to SOFR plus 200 basis points from SOFR plus 225 basis points, ex…
Read attachment ↗pflt-ex99_1.htm · 8-K · 2025-02-24
EX-99.1 2 pflt-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 EXECUTION VERSION INDENTURE AND SECURITY AGREEMENT between PENNANTPARK CLO 11, LLC, Issuer and WESTERN ALLIANCE TRUST COMPANY, N.A., Collateral Trustee Dated as of February 20, 2025 TABLE OF CONTENTS Page ARTICLE I Definitions Section 1.1 Definitions 2 Section 1.2 Usage of Terms …
Read attachment ↗pflt-ex99_2.htm · 8-K · 2025-02-24
EX-99.2 3 pflt-ex99_2.htm EX-99.2 EX-99.2 Exhibit 99.2 EXECUTION VERSION February 20, 2025 Pennantpark clo 11, llc, as Borrower western alliance trust company, n.a., as Collateral Trustee western alliance trust company, n.a., as Loan Agent and EACH OF THE CLASS A-1L-A LENDERS PARTY HERETO CLASS A-1L-A CREDIT AGREEMENT Table of Contents Page ARTICLE I DEF…
Read attachment ↗