PennantPark Floating Rate Capital Acquires $250 Million Asset Portfolio-February 2024-www.financetom.com

PennantPark Floating Rate Capital Acquires $250 Million Asset Portfolio

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

PennantPark Floating Rate Capital Acquires $250 Million Asset Portfolio

Sep 2, 2025 1:44 PM

04:20 PM EDT, 09/02/2025 (MT Newswires) -- PennantPark Floating Rate Capital ( PFLT ) said late Tuesday it acquired $250 million of assets, including from TSO Puma, an affiliate of Towerbrook Capital Partners.

The company said it acquired the assets at the latest fair market value, which will be accretive to its quarterly net investment income by around $0.02 per share.

The portfolio was distributed in connection with the winding down of PennantPark-TSO Senior Loan Fund, according to a statement.

Previous page： Restaurant chain Denny's to be taken private in $620 million deal Next page： Frazier & Deeter Announces Acquisition of Pesta Finnie & Associates, LLP, Expanding Charlotte Presence

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Restaurant chain Denny's to be taken private in $620 million deal

Nov 4, 2025

(Reuters) -Restaurant chain Denny's announced on Monday it would be acquired by a group comprising TGI Fridays-owner TriArtisan Capital Advisors in a $620 million deal, including debt. Under the agreement, the group, which also consists of investment firm Treville Capital and restaurant-operator Yadav Enterprises, would offer Denny's stockholders $6.25 per share in cash for each owned. The purchase price implies...

Frazier & Deeter Announces Acquisition of Pesta Finnie & Associates, LLP, Expanding Charlotte Presence

Nov 4, 2025

Strategic acquisition strengthens Frazier & Deeter’s North Carolina footprint and adds deep real estate tax, family office expertise. ATLANTA--(BUSINESS WIRE)-- Frazier & Deeter (FD), a nationally ranked accounting and advisory firm, today announced its acquisition of Pesta Finnie & Associates, LLP (Pesta Finnie), a highly regarded Charlotte-based accounting firm. This strategic move represents a significant step in FD’s Southeast growth...

U.S. bank regulator looking to ensure big banks have scrapped 'debanking' policies

Nov 4, 2025

NEW YORK (Reuters) -A senior U.S. bank regulator said Tuesday that he is looking to ensure that large banks have abandoned previous policies that may have contributed to debanking of certain industries or clients. Jonathan Gould, head of the Office of the Comptroller of the Currency, said at a conference that OCC supervisors were ensuring some of the nation's largest...

Lilly, Novo Nordisk near White House deals on obesity drug prices, Endpoints News reports

Nov 4, 2025

(Reuters) -Eli Lilly ( LLY ) and Novo Nordisk plan to announce new drug pricing deals with the White House, including for their weight loss medicines, in return for Medicare coverage of their products, Endpoints News reported on Tuesday. Under the deal, the companies would offer the lowest dose of their respective obesity drugs at $149 per month, the report...