PennantPark Floating Rate Capital Ltd is a US-based business development company that invests primarily in senior secured and subordinated debt of private middle-market companies. Its primary aim is to generate current income and capital appreciation for its shareholders through these investments.
Operating within the financial services sector, PennantPark Floating Rate Capital Ltd focuses on providing financing solutions to growing businesses. The company aims to deliver attractive, risk-adjusted returns by investing in a diversified portfolio of debt instruments, which often feature floating interest rates.
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