Description:

PNRG is the ticker symbol for PennantPark Floating Rate Capital Ltd., a company listed on the New York Stock Exchange. This firm specializes in providing customized financing solutions to middle-market companies through its floating rate loan investments. As a business development company (BDC), PennantPark Floating Rate Capital Ltd. aims to generate current income for its shareholders by investing primarily in senior secured loans of U.S. middle-market companies. The company leverages the expertise of PennantPark Investment Advisers LLC, its investment advisor, which provides valuable guidance and support in managing the portfolio effectively.

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