trending Market Intelligence /marketintelligence/en/news-insights/trending/sEYhS2KMaLCgOf-NG5imcg2 content esgSubNav
In This List

PennantPark Floating Rate Capital files $500M shelf

Podcast

Street Talk | Episode 94: Recessionary fears in ’22 overblown, Fed could overtighten

Blog

Insight Weekly: Ukraine war impact on mining; US bank growth slowdown; cloud computing headwinds

Blog

Investment Banking Essentials Newsletter April Edition - 2022

Blog

Banking Essentials Newsletter April Edition - 2022


PennantPark Floating Rate Capital files $500M shelf

PennantPark Floating Rate Capital Ltd. filed a shelf registration statement for the sale of up to $500 million in securities that the company may offer from time to time.

The filing covers the sale of common stock, preferred stock, warrants representing rights to purchase common shares, preferred stock or debt securities, subscription rights or debt securities.

PennantPark may use net proceeds to reduce the company's then-outstanding debt obligations, to invest in new or existing portfolio companies, to capitalize a subsidiary or for other general corporate or strategic purposes.