PennantPark Floating Rate Capital Ltd.'s Unconsolidated Joint Venture, PennantPark Senior Secured Loan Fund I LLC Completes the Refinancing of $300.7 Million CLO, Marking Continued Support of PennantPark's Middle Market CLO Platform

PSSL will continue to retain the Preferred Shares and Class E-R Notes through a consolidated subsidiary. The maturity of the replacement Debt is now extended to April 2036. The replacement Debt is expected to be approximately 100% funded at close. In addition, PSSL continues to act as retention holder in the transaction to retain exposure to the performance of the securitized assets. Capital One Securities, Inc. acted as the Initial Purchaser and Lead Placement Agent, and GreensLedge Capital Markets LLC act ...