#pflt Tech News.
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The latest pflt news, distilled by AI into sharp ~100-word summaries. ByteBrief tracks pflt across dozens of tech sources and brings you only what matters, updated hourly. Tap any story for the full brief, or open the original source.
StartupsSeeking Alpha4 days ago
PFLA: A 7.375% Notes IPO From PennantPark Floating Rate CapitalPennantPark Floating Rate Capital issued its first listed fixed-income security, the 7.375% Notes due 2031, priced at par. Asset coverage ratio stands at 162% but could fall to 158% if proceeds are invested, still above the 150% regulatory requirement. Recent dividend cuts and NAV depletion suggest caution for creditors.
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