PennantPark Floating Rate Capital Ltd. Prices Public Offering of $100 Million 7.375% Notes due 2031
PennantPark Floating Rate Capital Ltd. priced a $100 million offering of 7.375% senior notes due 2031. The company granted underwriters a 30-day option to purchase up to an additional $15 million of notes to cover over-allotments.
Key figures
- Deal Value Usd
- 100000000
- Coupon rate
- 7.375%
- Maturity date
- June 15, 2031
- Over allotment option
- $15 million
- Total potential proceeds
- $115 million
AI analysis
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