PennantPark Investment Corporation Announces Upsize of Joint Venture
PennantPark Investment Corporation (PNNT)
Last pennantpark investment corporation earnings: 2/6 04:05 pm
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US:NASDAQ Investor Relations:
pennantparkinvestment.mwnewsroom.com
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Source: GlobeNewswire
Joint Venture to Continue to Target the Attractive Core Middle Market Joint Venture Is Generating Strong Returns NEW YORK, Sept. 05, 2024 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (“PNNT”) (NYSE: PNNT) today announced it has agreed to expand its investment in PennantPark Senior Loan Fund, LLC (“PSLF” or the “JV”), its unconsolidated joint venture with the private credit investment business of Pantheon Ventures (UK) LLP (“Pantheon”). This strategic transaction further strengthens the partnership between PNNT and Pantheon, which was put into place over four years ago, and has generated strong returns to date. PNNT has agreed to invest an additional $52.5 million in capital, and Pantheon has agreed to invest an additional $75.0 million of capital, thereby resulting in a pro forma JV ownership of 54.8% and 45.2%, respectively. In addition, PSLF is increasing its senior secured credit facility provided by BNP Paribas from $325 million to $400 million, thereby allowing th
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PNNT
News
- PennantPark Investment Corporation Announces Monthly Distribution of $0.08 per ShareGlobeNewswire
- https://seekingalpha.com/article/4759139-pennantpark-investment-my-highest-conviction-no-go-in-bdc-space [Seeking Alpha]Seeking Alpha
- PennantPark Investment Corporation Announces Financial Results for the Quarter Ended December 31, 2024 [Yahoo! Finance]Yahoo! Finance
- PennantPark Investment reports FQ1 results [Seeking Alpha]Seeking Alpha
- PennantPark Investment Corporation Announces Financial Results for the Quarter Ended December 31, 2024GlobeNewswire
PNNT
Earnings
- 2/10/25 - Miss
PNNT
Sec Filings
- 3/4/25 - Form 8-K
- 2/10/25 - Form 10-Q
- 2/10/25 - Form 8-K
- PNNT's page on the SEC website