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PennantPark Floating Rate Capital Ltd. Announces Financial Results for the Quarter Ended December 31, 2017

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NEW YORK, Feb. 08, 2018 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (NASDAQ:PFLT) announced today financial results for the first fiscal quarter ended December 31, 2017. HIGHLIGHTS Quarter ended December 31, 2017 ($ in millions, except per share amounts) Assets and Liabilities: Investment portfolio (1) $ 739.4 PSSL investment portfolio $ 147.5 Net assets $ 537.4 Net asset value per share $ 13.86 Credit Facility $ 192.8 2023 Notes $ 136.1 Yield on debt investments at quarter-end 8.3 % Operating Results: Net investment loss $ (1.9 ) GAAP net investment loss per share $ (0.05 ) Reversal of capital gain incentive fee accrued but not payable per share $ 0.01 Credit facility...

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