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Dec 31, 2019
PennantPark Floating Rate Q1 2020 Earnings Report
Announced financial results for the first fiscal quarter ended December 31, 2019.
Key Takeaways
PennantPark Floating Rate Capital Ltd. reported net investment income of $11.1 million, or $0.29 per share, for the quarter ended December 31, 2019. The portfolio totaled $1,176.1 million, with a weighted average yield on debt investments of 8.4%.
Portfolio totaled $1,176.1 million as of December 31, 2019.
Net investment income was $11.1 million, or $0.29 per share, for the quarter ended December 31, 2019.
Invested $239.4 million in 10 new and 31 existing portfolio companies during the quarter.
Weighted average yield on debt investments was 8.4% as of December 31, 2019.