PennantPark Floating Rate Capital Ltd. Announces Acquisition of $250 Million Asset Portfolio
1. PFLT acquired a $250 million asset portfolio from TSO Puma SPV, LLC. 2. The acquisition is expected to increase net investment income by two cents per share. 3. Assets are familiar to PFLT's advisers and align with existing portfolio standards. 4. Towerbrook Capital Partners is affiliated with the asset-seller, enhancing credibility. 5. The firm has access to comprehensive financing solutions for middle-market companies.