- PennantPark press release ( NYSE: PFLT ): Q2 NII of $0.29 beats by $0.01 .
- Total Investment Income of $25.73M (+23.1% Y/Y) beats by $0.96M .
- “We are pleased with our strong credit performance this quarter. With our primary focus on lower risk, first lien senior secured floating rate loans to U.S. companies, we are positioned to preserve capital and protect against rising inflation and interest rates,” said Art Penn, Chairman and CEO. “We believe that the combination of rising base rates, higher spreads on new loan originations, and a growing PSSL joint venture create multiple pathways for income growth.”
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PennantPark NII of $0.29 beats by $0.01, Total Investment Income of $25.73M beats by $0.96M