PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.1025 per Share
PennantPark Floating Rate Capital (NYSE: PFLT) has announced its monthly distribution of $0.1025 per share for April 2025. The distribution will be payable on May 1, 2025, to stockholders of record as of April 15, 2025.
The distribution is expected to be funded from taxable net investment income. As a regulated investment company (RIC), PFLT generates qualified interest income and short-term capital gains that may be exempt from U.S. withholding tax for non-U.S. stockholders with proper documentation.
PFLT operates as a business development company focusing on U.S. middle-market private companies, primarily investing in floating rate senior secured loans, including first lien, second lien, and subordinated debt. The company is managed by PennantPark Investment Advisers, , a middle market credit platform managing $9.8 billion of investable capital.
PennantPark Floating Rate Capital (NYSE: PFLT) ha annunciato la sua distribuzione mensile di $0.1025 per azione per aprile 2025. La distribuzione sarà pagabile il 1 maggio 2025 agli azionisti registrati al 15 aprile 2025.
Si prevede che la distribuzione sarà finanziata da reddito netto da investimenti tassabili. In quanto società di investimento regolamentata (RIC), PFLT genera reddito da interessi qualificati e guadagni di capitale a breve termine che potrebbero essere esenti dalla ritenuta fiscale statunitense per gli azionisti non statunitensi con la documentazione corretta.
PFLT opera come una società di sviluppo commerciale concentrandosi su aziende private del mercato medio statunitense, investendo principalmente in prestiti garantiti a tasso variabile, inclusi prestiti di primo grado, di secondo grado e debito subordinato. La società è gestita da PennantPark Investment Advisers, una piattaforma di credito del mercato medio che gestisce $9.8 miliardi di capitale investibile.
PennantPark Floating Rate Capital (NYSE: PFLT) ha anunciado su distribución mensual de $0.1025 por acción para abril de 2025. La distribución se pagará el 1 de mayo de 2025 a los accionistas registrados hasta el 15 de abril de 2025.
Se espera que la distribución se financie con ingresos netos de inversiones sujetas a impuestos. Como compañía de inversión regulada (RIC), PFLT genera ingresos por intereses calificados y ganancias de capital a corto plazo que pueden estar exentos del impuesto de retención de EE. UU. para accionistas no estadounidenses con la documentación adecuada.
PFLT opera como una compañía de desarrollo empresarial centrada en empresas privadas del mercado medio de EE. UU., invirtiendo principalmente en préstamos garantizados a tasa variable, incluidos los de primer grado, segundo grado y deuda subordinada. La empresa es gestionada por PennantPark Investment Advisers, una plataforma de crédito del mercado medio que gestiona $9.8 mil millones de capital invertible.
PennantPark Floating Rate Capital (NYSE: PFLT)는 2025년 4월에 대한 월간 배당금으로 주당 $0.1025를 발표했습니다. 이 배당금은 2025년 5월 1일에 2025년 4월 15일 기준 주주에게 지급됩니다.
배당금은 과세 대상 순 투자 소득으로부터 자금이 조달될 것으로 예상됩니다. 규제 투자 회사(RIC)로서 PFLT는 적절한 문서가 있는 비미국 주주에게 미국 원천징수세에서 면제될 수 있는 자격 있는 이자 소득과 단기 자본 이익을 발생시킵니다.
PFLT는 미국 중간 시장의 사모 기업에 초점을 맞춘 사업 개발 회사로, 주로 첫 번째 담보, 두 번째 담보 및 후순위 부채를 포함한 변동 금리의 선순위 보장 대출에 투자합니다. 이 회사는 $9.8억의 투자 가능한 자본을 관리하는 중간 시장 신용 플랫폼인 PennantPark Investment Advisers에 의해 관리됩니다.
PennantPark Floating Rate Capital (NYSE: PFLT) a annoncé sa distribution mensuelle de 0,1025 $ par action pour avril 2025. La distribution sera payable le 1er mai 2025 aux actionnaires inscrits au 15 avril 2025.
Il est prévu que la distribution soit financée par des revenus nets d'investissement imposables. En tant que société d'investissement réglementée (RIC), PFLT génère des revenus d'intérêts qualifiés et des gains en capital à court terme qui peuvent être exonérés de la retenue d'impôt américaine pour les actionnaires non américains avec la documentation appropriée.
PFLT opère en tant que société de développement commercial axée sur les entreprises privées du marché intermédiaire américain, investissant principalement dans des prêts garantis à taux variable, y compris des prêts de premier rang, de deuxième rang et de dettes subordonnées. La société est gérée par PennantPark Investment Advisers, une plateforme de crédit du marché intermédiaire gérant 9,8 milliards $ de capital investissable.
PennantPark Floating Rate Capital (NYSE: PFLT) hat seine monatliche Ausschüttung von 0,1025 $ pro Aktie für April 2025 bekannt gegeben. Die Ausschüttung wird am 1. Mai 2025 an die Aktionäre ausgezahlt, die am 15. April 2025 im Aktienregister stehen.
Die Ausschüttung wird voraussichtlich aus steuerpflichtigem Nettoanlageertrag finanziert. Als reguliertes Investmentunternehmen (RIC) generiert PFLT qualifizierte Zinserträge und kurzfristige Kapitalgewinne, die für nicht-US-amerikanische Aktionäre mit entsprechender Dokumentation von der US-Quellensteuer befreit sein können.
PFLT agiert als Unternehmensentwicklungsfirma, die sich auf private Unternehmen im US-Mittelstand konzentriert und hauptsächlich in variabel verzinsliche, senior gesicherte Darlehen investiert, einschließlich erster und zweiter Hypotheken sowie nachrangiger Schulden. Das Unternehmen wird von PennantPark Investment Advisers geleitet, einer Mittelstands-Kreditplattform, die 9,8 Milliarden $ investierbares Kapital verwaltet.
- Consistent monthly dividend payment maintained at $0.1025 per share
- Distribution covered by taxable net investment income
- Large asset management base of $9.8 billion provides stability
- None.
MIAMI, April 02, 2025 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) declares its monthly distribution for April 2025 of
The Company, which operates as a regulated investment company (“RIC”), generates qualified interest income and short-term capital gains that may be exempt from U.S. withholding tax when distributed to non-U.S. stockholders. The U.S. tax law permits a RIC to report the portion of distributions paid that represents interest-related dividends as exempt from U.S. withholding tax when paid to non-U.S. stockholders with proper documentation.
The specific tax characteristics of this distribution can be found on our website www.pennantpark.com.
ABOUT PENNANTPARK FLOATING RATE CAPITAL LTD.
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.
ABOUT PENNANTPARK INVESTMENT ADVISERS, LLC
PennantPark Investment Advisers, LLC is a leading middle market credit platform, managing
FORWARD-LOOKING STATEMENTS
This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. You should understand that under Section 27A(b)(2)(B) of the Securities Act and Section 21E(b)(2)(B) of the Exchange Act the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 do not apply to forward-looking statements made in periodic reports PennantPark Floating Rate Capital Ltd. files under the Exchange Act. All statements other than statements of historical facts included in this press release are forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in filings with the Securities and Exchange Commission. PennantPark Floating Rate Capital Ltd. undertakes no duty to update any forward-looking statement made herein. You should not place undue influence on such forward-looking statements as such statements speak only as of the date on which they are made.
The information contained herein is based on current tax laws, which may change in the future. The Company cannot be held responsible for any direct or incidental loss resulting from applying any of the information provided in this publication or from any other source mentioned. The information provided in this material does not constitute any specific legal, tax or accounting advice. Please consult with qualified professionals for this type of advice.
CONTACT:
Richard T. Allorto, Jr.
PennantPark Floating Rate Capital Ltd.
(212) 905-1000
www.pennantpark.com
FAQ
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