Private Credit Lenders to Take Over Zips Car Wash Through Bankruptcy [Yahoo! Finance]
PennantPark Investment Corporation (PNNT)
Last pennantpark investment corporation earnings: 2/6 04:05 pm
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Source: Yahoo! Finance
2 min read In This Article PNNT (Bloomberg) -- Car wash operator Zips Car Wash has filed for bankruptcy with a plan to hand over control of the business to its private credit lenders. Most Read from Bloomberg Citadel to Leave Namesake Chicago Tower as Employees Relocate State Farm Seeks Emergency California Rate Hike After Fires Transportation Memos Favor Places With Higher Birth and Marriage Rates NYC's Newest Transit Leader Builds a Worker-Driven Strategy San Francisco Wants Wealthy Donors to Help Fix Fentanyl Crisis The Chapter 11 filing in Dallas on Wednesday listed assets of $500 million to $1 billion and liabilities of $1 billion to $10 billion, court documents show. Through the restructuring, Zips plans to reduce its debt by about $279 million and secure $15 million of new capital, it said in a statement. It expects to emerge from bankruptcy in about two to three months. The Atlantic Street Capital-backed company had been in negotiations with lenders in
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PNNT
News
- PennantPark Investment Corporation Exits Significant Equity Investment and Upsizes Credit Facility [Yahoo! Finance]Yahoo! Finance
- PennantPark Investment Corporation Exits Significant Equity Investment and Upsizes Credit FacilityGlobeNewswire
- PennantPark Investment (NASDAQ:PNNT) was upgraded by analysts at Compass Point from a "sell" rating to a "neutral" rating. They now have a $5.50 price target on the stock, down previously from $5.75.MarketBeat
- PennantPark Investment: Better-Priced For Down Cycle [Seeking Alpha]Seeking Alpha
- PennantPark Investment declares $0.08 dividend [Seeking Alpha]Seeking Alpha
PNNT
Earnings
- 11/24/25 - Miss
PNNT
Sec Filings
- 12/17/25 - Form DEF
- 12/15/25 - Form 8-K
- 12/9/25 - Form 4
- PNNT's page on the SEC website