•
Sep 30, 2024
PennantPark Floating Rate Q4 2024 Earnings Report
Announced financial results for the fourth quarter and fiscal year ended September 30, 2024.
Key Takeaways
PennantPark Floating Rate Capital Ltd. reported solid performance with a portfolio totaling $1,983.5 million as of September 30, 2024. The company invested $445.8 million in new and existing portfolio companies during the quarter, with a weighted average yield on debt investments of 11.0%. Net investment income for the quarter was $18.0 million, or $0.24 per share.
Portfolio totaled $1,983.5 million as of September 30, 2024.
Invested $445.8 million in ten new and 50 existing portfolio companies during the quarter.
Weighted average yield on debt investments of 11.0% for the quarter.
Net investment income for the quarter totaled $18.0 million, or $0.24 per share.