PennantPark Floating Rate Capital CLO Unit Closes $356.5 Million Refinancing and Upsize
PennantPark Floating Rate Capital Ltd. announced that its subsidiary, PennantPark CLO VIII, LLC, completed a $356.5 million refinancing and upsize on February 24, 2026. The transaction involved issuing SOFR-based notes and a new credit agreement for $80 million in Class A-1-R loans with Wilmington Trust as the loan agent. The non-recourse debt matures in April 2038 and was fully funded at closing.
PennantPark Floating Rate Capital Ltd. said its wholly owned subsidiary, PennantPark CLO VIII, LLC, on Feb. 24, 2026 closed a refinancing and upsize of a $356.5 million CLO debt securitization. The reset included issuing multiple classes of SOFR-based notes and entering into a new credit agreement for $80.0 million of Class A-1-R loans with Wilmington Trust, National Association acting as loan agent and trustee and various lenders. The replacement debt, which is non-recourse to PennantPark Floating Rate Capital, matures in April 2038 and was fully funded at closing. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PennantPark Floating Rate Capital Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-082897), on February 27, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here
