PennantPark Floating Rate Capital announced that as result of expanded lender partner relationships, it has upsized its credit facility, led by Truist Bank to $611 million from $436 million. Pricing on this facility remained unchanged at SOFR plus...
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June 06, 2024, 07:54 AM
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PennantPark Investment Advisers announced that Pete Mitchell has joined the company as Managing Director, Head of Private Capital Fundraising. Mitchell will lead fundraising for PennantPark’s private vehicles as the firm continues to expand its...
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August 26, 2021, 08:00 AM
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PennantPark Investment Advisers announced the successful closing of its fifth comingled fund, PennantPark Senior Credit Fund Levered, LP (“PSCF-Lev” or the “Fund”), securing $460 million in additional investment capacity and taking another...
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July 01, 2021, 07:34 AM
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PennantPark Investment Corporation announced that it has completed all the necessary amendments to its multi-currency, senior secured revolving credit facility with certain lenders and SunTrust Bank acting as administrative agent (the “Credit...
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September 10, 2019, 08:35 AM
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Capital One announced that it served as the administrative agent for a $420 million, five-year senior secured line of credit for PennantPark Senior Secured Loan Fund I, LLC, which is a portfolio company of PennantPark Floating Rate Capital, Ltd., a...
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May 15, 2018, 07:00 AM
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PennantPark Floating Rate Capital and MCG Capital Corporation have entered into a definitive agreement under which PennantPart will acquire MCG Capital in a stock and cash transaction currently valued at approximately $175 million, or approximately...
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April 30, 2015, 07:54 AM
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