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PennantPark Floating Rate Capital Ltd. Upsizes Credit Facility to $405 Million

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NEW YORK, Dec. 05, 2017 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the 'Company') (NASDAQ:PFLT) (TASE:PFLT) announced that it increased the size of its multi-currency, senior secured credit facility (as amended, the 'Credit Facility') from $380 million to $405 million. All other terms, including the interest rate of LIBOR plus 200 basis points, remain unchanged. 'We are pleased to have upsized our Credit Facility and it nicely complements our permanent equity base. We are delighted to welcome new relationships with those who have joined our growing list of lending...

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