EXHIBIT 99.1 PennantPark Floating Rate Capital Ltd. Announces Financial Results for the Quarter Ended March 31, 2024 MIAMI, May 08, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) announced today its financial results for the second quarter ended March 31, 2024. HIGHLIGHTS Quarter ended March 31, 2024 (Unaudited) ($in millions, except per share amounts) Assets and Liabilities: Investment portfolio$ 1,477.9 Net assets $720.7 GAAP net asset value per share$ 11.40 Quarterly inc ...