PennantPark Floating Rate Capital Ltd. Announces Upsize Of Joint Venture; PFLT And Its JV Partner Jointly Agreed To Invest An Additional $100M Of Capital In PSSL
PennantPark Floating Rate Capital Ltd. Announces Upsize Of Joint Venture; PFLT And Its JV Partner Jointly Agreed To Invest An Additional $100M Of Capital In PSSL
PFLT and its JV partner jointly agreed to invest an additional $100 million of capital in PSSL. In conjunction with increased leverage capacity at PSSL, the $100 million investment will expand the JV's total investment capacity to $1.5 billion, representing a nearly $500 million increase.Joint Venture to Continue to Target the Attractive Core Middle Market
合資企業將繼續瞄準有吸引力的核心中間市場
Joint Venture Is Generating Strong Returns
合資企業正在產生豐厚的回報
MIAMI, Dec. 12, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. ("PFLT") (NYSE:PFLT) today announced it has agreed to expand its investment in PennantPark Senior Secured Loan Fund I LLC ("PSSL" or the "JV"). This transaction further strengthens this strategic partnership, which was put into place over seven years ago, and has generated strong returns to date.
邁阿密，2024年12月12日（環球新聞社）——PennantPark浮動利率資本有限公司（「PFLT」）（紐約證券交易所代碼：PFLT）今天宣佈，它已同意擴大對PennantPark高級擔保貸款基金I LLC（「PSSL」 或 「合資企業」）的投資。該交易進一步加強了七年前建立的這一戰略合作伙伴關係，迄今爲止已產生了豐厚的回報。
PFLT and its JV partner jointly agreed to invest an additional $100 million of capital in PSSL. In conjunction with increased leverage capacity at PSSL, the $100 million investment will expand the JV's total investment capacity to $1.5 billion, representing a nearly $500 million increase.
PfLt及其合資合作伙伴共同同意向PSSL額外投資1億美元的資本。加上PSSL槓桿能力的提高，1億美元的投資將使合資企業的總投資能力擴大到15億美元，相當於增長了近5億美元。
