PennantPark, A BDC, To Buy Assets Of Struggling Rival Lender MCG Capital |
| April 30, 2015 | April 2015 Bond Updates |
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PennantPark Floating Rate Capital, a business-development company, announced plans today to expand its portfolio through the acquisition of MCG Capital, a struggling lender to middle-market companies that had taken steps to wind down its portfolio. |
| View more at: http://www.forbes.com/sites/spleverage/2015/04/29/pennantpark-a-bdc-to-buy-assets-of-struggling-rival-lender-mcg-capital/ |
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