PennantPark Floating Rate Capital (PFLT) Prices 4M Share Offering at $12.40/sh

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PennantPark Floating Rate Capital Ltd. Announces Pricing of Public Offering of Common Stock

August 8, 2022 9:52 PM EDT

MIAMI, Aug. 08, 2022 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) (TASE: PFLT), a business development company (the Company), today announced that it has priced an underwritten primary offering of 4,000,000 shares of its common stock at a public offering price of $12.40 per share pursuant to the Companys shelf registration statement, which was filed with, and has been declared effective by, the Securities and Exchange Commission (the Commission), which will result in gross proceeds to the Company of approximately $49.6 million, before deducting underwriting commission and... More