PennantPark Enters Material Definitive Agreement

TL;DR

PFLT signed a big deal on Aug 8th. Details to follow.

AI Summary

On August 8, 2024, PennantPark Floating Rate Capital Ltd. entered into a material definitive agreement. The company, previously known as PennantPark Senior Floating Rate Fund Inc., is incorporated in Maryland and has its principal executive offices at 1691 Michigan Avenue, Miami Beach, Florida.

Why It Matters

This filing indicates a significant new agreement for PennantPark Floating Rate Capital Ltd., which could impact its financial operations and future business strategies.

Risk Assessment

Risk Level: medium — Entering into a material definitive agreement can introduce new financial obligations or opportunities, carrying inherent risks that are not yet fully detailed.

Key Players & Entities

• PennantPark Floating Rate Capital Ltd. (company) — Registrant
• August 8, 2024 (date) — Date of earliest event reported
• PennantPark Senior Floating Rate Fund Inc. (company) — Former name
• Maryland (jurisdiction) — State of incorporation
• 1691 Michigan Avenue Miami Beach, Florida 33139 (address) — Principal executive offices
• (786) 297-9500 (phone_number) — Registrant's telephone number

FAQ

Key Financial Figures

• $0.001 — ich registered Common stock, par value $0.001 per share PFLT The New York Stock E
• $611,000,000 — ounts of the lenders party thereto from $611,000,000 to $636,000,000, extends the reinvestme
• $636,000,000 — ders party thereto from $611,000,000 to $636,000,000, extends the reinvestment period from A

Filing Documents

• d701936d8k.htm (8-K) — 27KB
• d701936dex101.htm (EX-10.1) — 1020KB
• 0001193125-24-197872.txt ( ) — 1393KB
• pflt-20240808.xsd (EX-101.SCH) — 3KB
• pflt-20240808_lab.xml (EX-101.LAB) — 17KB
• pflt-20240808_pre.xml (EX-101.PRE) — 11KB
• d701936d8k_htm.xml (XML) — 3KB

Financial Statements and Exhibits

Financial Statements and Exhibits (d) Exhibits. Exhibit No. Description 10.1 Third Amendment to Revolving Credit and Security Agreement, dated August 8, 2024, by and among PennantPark Floating Rate Funding I, LLC as borrower, PennantPark Investment Advisers, LLC as collateral manager, the lenders from time to time party thereto, Truist Bank, as administrative agent for the secured parties and swingline lender, and U.S. Bank Trust Company, National Association, as collateral agent, collateral administrator and back-up collateral administrator 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PENNANTPARK FLOATING RATE CAPITAL LTD. Date: August 9, 2024 By: /s/ Richard T. Allorto, Jr. Name: Richard T. Allorto, Jr. Title: Chief Financial Officer & Treasurer

View Full Filing

View this 8-K filing on SEC EDGAR