We present ground-based and \textit{Swift} observations of iPTF16fnl, a
likely tidal disruption event (TDE) discovered by the intermediate Palomar
Transient Factory (iPTF) survey at 66.6 Mpc. The lightcurve of the object
peaked at absolute Mg=−17.2 mag. The maximum bolometric luminosity (from
optical and UV) was Lp≃(1.0±0.15)×1043 erg/s, an
order of magnitude fainter than any other optical TDE discovered so far. The
luminosity in the first 60 days is consistent with an exponential decay, with
L∝e−(t−t0)/τ, where t0=~57631.0 (MJD) and τ≃15
days. The X-ray shows a marginal detection at LX=2.4−1.11.9×1039 erg/s (\textit{Swift} X-ray Telescope). No radio counterpart was
detected down to 3σ, providing upper limits for monochromatic radio
luminosity of νLν<2.3×1036 erg/s and νLν<1.7×1037 erg/s (VLA, 6.1 and 22 GHz). The blackbody temperature, obtained from
combined \textit{Swift} UV and optical photometry, shows a constant value of
19,000 K. The transient spectrum at peak is characterized by broad He II and
Hα emission lines, with an FWHM of about 14,000 km/s and 10,000 km/s
respectively. He I lines are also detected at λλ 5875 and 6678.
The spectrum of the host is dominated by strong Balmer absorption lines, which
are consistent with a post-starburst (E+A) galaxy with an age of ∼650 Myr
and solar metallicity. The characteristics of iPTF16fnl make it an outlier on
both luminosity and decay timescales, as compared to other optically selected
TDEs. The discovery of such a faint optical event suggests a higher rate of
tidal disruptions, as low luminosity events may have gone unnoticed in previous
searches.Comment: 14 pages, 11 figures, accepted for publication in Ap