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 March 2025. The distribution will be payable on April 1, 2025, to stockholders of record as of March 14, 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 primarily investing in U.S. middle-market private companies through floating rate senior secured loans, including first lien secured debt, second lien secured debt, and subordinated debt. The company is managed by PennantPark Investment Advisers, , a middle market credit platform managing $9.5 billion of investable capital.
PennantPark Floating Rate Capital (NYSE: PFLT) ha annunciato la sua distribuzione mensile di $0.1025 per azione per marzo 2025. La distribuzione sarà pagabile il 1 aprile 2025, agli azionisti registrati al 14 marzo 2025.
Si prevede che la distribuzione sia finanziata da reddito da investimento netto tassabile. In quanto società di investimento regolamentata (RIC), PFLT genera reddito da interessi qualificati e guadagni in conto capitale a breve termine che potrebbero essere esenti dalla ritenuta fiscale statunitense per gli azionisti non statunitensi con la documentazione appropriata.
PFLT opera come una società di sviluppo aziendale investendo principalmente in aziende private di medio mercato negli Stati Uniti attraverso prestiti garantiti senior a tasso variabile, inclusi debiti garantiti di primo e secondo grado e debito subordinato. La società è gestita da PennantPark Investment Advisers, una piattaforma di credito di medio mercato che gestisce $9.5 miliardi di capitale investibile.
PennantPark Floating Rate Capital (NYSE: PFLT) ha anunciado su distribución mensual de $0.1025 por acción para marzo de 2025. La distribución se pagará el 1 de abril de 2025, a los accionistas registrados al 14 de marzo de 2025.
Se espera que la distribución se financie con ingresos netos de inversión gravables. Como una compañía de inversión regulada (RIC), PFLT genera ingresos por intereses calificados y ganancias de capital a corto plazo que pueden estar exentas del impuesto de retención de EE. UU. para accionistas no estadounidenses con la documentación adecuada.
PFLT opera como una compañía de desarrollo empresarial que invierte principalmente en empresas privadas de mercado medio en EE. UU. a través de préstamos garantizados senior a tasa variable, incluidos deudas garantizadas de primer y segundo grado y deuda subordinada. La compañía es gestionada por PennantPark Investment Advisers, una plataforma de crédito de mercado medio que gestiona $9.5 mil millones de capital invertible.
PennantPark Floating Rate Capital (NYSE: PFLT)는 2025년 3월에 대한 주당 $0.1025의 월 배당금을 발표했습니다. 이 배당금은 2025년 4월 1일에 지급되며, 2025년 3월 14일 기준 주주에게 지급됩니다.
배당금은 과세 가능한 순 투자 소득으로부터 자금이 조달될 것으로 예상됩니다. 규제 투자 회사(RIC)로서 PFLT는 적절한 문서가 있는 비미국 주주에게 미국 원천세에서 면제될 수 있는 자격 있는 이자 소득과 단기 자본 이익을 생성합니다.
PFLT는 주로 미국 중형 시장의 사모 회사에 투자하는 사업 개발 회사로, 첫 번째 담보 부채, 두 번째 담보 부채 및 후순위 부채를 포함한 변동 금리 선순위 담보 대출을 통해 운영됩니다. 이 회사는 $9.5억의 투자 가능 자본을 관리하는 중형 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 mars 2025. La distribution sera payable le 1er avril 2025, aux actionnaires enregistrés au 14 mars 2025.
Il est prévu que la distribution soit financée par des revenus d'investissement net 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 l'impôt de retenue américain pour les actionnaires non américains avec la documentation appropriée.
PFLT opère en tant que société de développement commercial investissant principalement dans des entreprises privées du marché intermédiaire américain par le biais de prêts garantis senior à taux variable, y compris des dettes garanties de premier et deuxième rang et des dettes subordonnées. La société est gérée par PennantPark Investment Advisers, une plateforme de crédit de marché intermédiaire gérant 9,5 milliards de dollars de capital investissable.
PennantPark Floating Rate Capital (NYSE: PFLT) hat seine monatliche Ausschüttung von $0.1025 pro Aktie für März 2025 angekündigt. Die Ausschüttung wird am 1. April 2025 an die Aktionäre ausgezahlt, die am 14. März 2025 im Aktienregister stehen.
Die Ausschüttung soll aus steuerpflichtigen Nettoanlageerträgen finanziert werden. Als reguliertes Investmentunternehmen (RIC) erzielt 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 Gesellschaft für Unternehmensentwicklung und investiert hauptsächlich in private Unternehmen des US-Mittelstands durch variabel verzinste vorrangige besicherte Darlehen, einschließlich erster und zweiter Pfandrechtsschulden sowie nachrangiger Schulden. Das Unternehmen wird von PennantPark Investment Advisers, einer Mittelstands-Kreditplattform, die $9,5 Milliarden an investierbarem Kapital verwaltet, geleitet.
- Monthly dividend distribution maintained at $0.1025 per share
- Strong asset management base with $9.5B of investable capital
- Distribution covered by taxable net investment income
- None.
MIAMI, March 04, 2025 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) declares its monthly distribution for March 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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