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PennantPark Floating Rate Capital Ltd. Announces Financial Results for the Quarter Ended March 31, 2018

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NEW YORK, May 10, 2018 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (NASDAQ:PFLT) (TASE:PFLT) announced today financial results for the second fiscal quarter ended March 31, 2018. HIGHLIGHTS Quarter ended March 31, 2018 ($ in millions, except per share amounts) Assets and Liabilities: Investment portfolio (1) $ 833.8 PSSL investment portfolio $ 221.2 Net assets $ 542.0 Net asset value per share $ 13.98 Credit Facility $ 191.5 2023 Notes $ 131.9 Yield on debt investments at quarter-end 8.6 % Operating Results: Net investment income $ 9.4 Net investment income per share $ 0.24 Distributions declared per share $ 0.285 Portfolio Activity: Purchases of investments $ 138.5 Sales and...

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