PennantPark Floating Rate
Update in progressPFLT (NYSE)
- Company RatingNeutralCompany RatingCombines sentiment and sustainability signals into an overall assessment of the company.Great · Good · Neutral · At Risk · Poor
- SectorFinancial Services
- IndustryAsset Management
PennantPark Floating Rate Capital Ltd. is a business development company that makes secondary direct investments in debt, equity and loans. It focuses on floating-rate loans to private or thinly traded U.S. middle-market companies, with some non-U.S. exposure. Typical ranges are $2–$20 million for debt and $10–$50 million for senior secured loans and mezzanine. It may invest in equity securities received with debt. Target, unrated or BB–CCC. About 80% of assets are in floating-rate loans and cash equivalents, with roughly 65% in senior secured loans. Hold periods range from three to ten years.
Company score
- Sentiment
- 0.20
- SentimentMeasures the overall tone of recent coverage and discussion about the company.−10 negative · 0 neutral · +10 positive
- Environment
- 0.00
- EnvironmentAssesses the company’s environmental impact, risks, and sustainability practices.−10 negative · 0 neutral · +10 positive
- Social
- 0.06
- Governance
- 0.08
- GovernanceAssesses leadership, accountability, transparency, and business ethics.−10 negative · 0 neutral · +10 positive
- Sustainability
- 0.04
- SustainabilityCombines environmental, social, and governance signals into an overall sustainability score.−10 negative · 0 neutral · +10 positive
- Impact Score
- 0.12
- Impact ScoreCombines sentiment and sustainability performance into an assessment of the company’s overall impact.−10 negative · 0 neutral · +10 positive
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