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Dec 31, 2021
PennantPark Floating Rate Q1 2022 Earnings Report
Announced financial results for the first fiscal quarter ended December 31, 2021.
Key Takeaways
PennantPark Floating Rate Capital Ltd. reported net investment income of $12.7 million, or $0.33 per share, for the three months ended December 31, 2021. The portfolio totaled $1,179.8 million, with a weighted average yield on debt investments of 7.5%.
Portfolio totaled $1,179.8 million as of December 31, 2021.
Net investment income was $12.7 million, or $0.33 per share for the quarter.
Invested $335.1 million in 16 new and 36 existing portfolio companies.
Weighted average yield on debt investments was 7.5%.