PENNANTPARK FLOATING RATE CAPITAL LTD. 3,000,000 Shares of Common Stock ($.001 Par Value Per Share) UNDERWRITING AGREEMENTPennantPark Floating Rate Capital Ltd. • March 21st, 2013 • New York
PennantPark Floating Rate Capital Ltd., a Maryland corporation (the “Company”), proposes to issue and sell an aggregate of 3,000,000 shares (the “Firm Shares”) of common stock, $.001 par value per share (the “Common Stock”), of the Company (the “Offering”). It is understood that, subject to the conditions hereinafter stated, the Firm Shares will be sold by the Company to the several Underwriters named in Schedule A hereto (the “Underwriters”) in connection with the offer and sale of such Firm Shares. Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC and Keefe, Bruyette & Woods, Inc. shall act as joint book-running managers (the “Joint Book-Running Managers”).
