PFLT Arlimov History & Description — PennantPark Floating Rate Capital Ltd.
PennantPark Floating Rate Capital is a closed-end, externally managed, non-diversified investment company. Co. invests primarily in Floating Rate Loans and other investments made to U.S. middle-market private companies whose debt is rated below investment grade. Co.'s portfolio also consists primarily of Floating Rate Loans in qualifying assets. Co.'s debt investments may have terms of three to 10 years and are made to U.S. and, to a limited extent, non-U.S. corporations, partnerships and other business entities which operate in various industries and geographical regions. Co.'s investment activities are managed by PennantPark Investment Advisers, LLC.
PFLT is a BDC — view .