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Pennantpark Secures $150M Credit Agreement with Safeguards

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Pennantpark Secures $150M Credit Agreement with Safeguards

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Pennantpark $ ( (PFLT) ) has issued an update.

On November 20, 2025, PSLF II SPV, LLC, a subsidiary of PennantPark Senior Secured Loan Fund II LLC, entered into a credit agreement involving various financial entities, including Goldman Sachs Bank USA and Western Alliance Trust Company N.A. The agreement allows for borrowings up to $150 million, with PennantPark Floating Rate Capital Ltd. providing a Non-Recourse Carveout Guaranty Agreement to cover specific obligations related to misconduct or financial mismanagement by involved parties. This move is significant for PennantPark as it secures substantial financing while also outlining strict conditions to safeguard against financial misdeeds, potentially impacting the company’s financial stability and stakeholder confidence.

The most recent analyst rating on (PFLT) stock is a Buy with a $11.00 price target. To see the full list of analyst forecasts on Pennantpark $ stock, see the PFLT Stock Forecast page.

Spark’s Take on PFLT Stock

According to Spark, TipRanks’ AI Analyst, PFLT is a Neutral.

The overall stock score is primarily influenced by strong valuation metrics, despite challenges in cash flow management and bearish technical indicators. The mixed sentiment from the earnings call also contributes to a moderate outlook.

To see Spark’s full report on PFLT stock, click here.

More about Pennantpark $

Average Trading Volume: 1,190,603

Technical Sentiment Signal: Hold

Current Market Cap: $902.9M

See more data about PFLT stock on TipRanks’ Stock Analysis page.

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