PennantPark Investment Corporation declared a November 2026 monthly distribution of $0.08 per share, comprising a $0.04 per share base dividend and a $0.04 per share supplemental dividend. It is payable December 1, 2026, to stockholders of record as of November 13, 2026. The distribution is expected to be paid from taxable net investment income.
PennantPark Investment Corporation (PNNT) said it will report results for its fourth fiscal quarter ended September 30, 2026, on November 23, 2026, after the close of the financial markets. It scheduled a conference call to discuss the results for November 24 at 12:00 p.m. Eastern Time. An archived replay will be available through the Quarterly Earnings page in the Investor section of its website.
PennantPark Investment Corporation declared an October 2026 monthly distribution of $0.08 per share, comprising a $0.04 per share base dividend and a $0.04 per share supplemental dividend.
The distribution is payable November 2, 2026, to stockholders of record on October 15, 2026, and is expected to be paid from taxable net investment income. The final tax characteristics will be reported to stockholders on Form 1099 after the end of the calendar year and in the company’s periodic report.
PennantPark Investment Corporation (PNNT) is registering a new series of unsecured notes, targeting U.S. investors seeking periodic interest income, to support its strategy as a closed-end, externally managed BDC focused on debt and equity investments in U.S. middle‑market companies.
PennantPark invests primarily in first lien, second lien and subordinated debt, and has deployed $9.9 billion across 416 companies through its managed funds since 2007. As of June 30, 2026, it had $551.5 million of debt outstanding, including borrowings under a secured Truist credit facility and several outstanding unsecured note issues.
The new notes will be general unsecured obligations ranking pari passu with existing unsecured debt and effectively subordinated to secured borrowings and subsidiary-level obligations. They are redeemable at the company’s option after a specified date and are expected to be listed on a national securities exchange, although an active trading market is not assured.
PennantPark Investment Corporation (PNNT) announced a monthly distribution for September 2026 of $0.08 per share, consisting of a $0.04 base dividend and a $0.04 supplemental dividend. The distribution is payable on October 1, 2026 to stockholders of record as of September 15, 2026.
The company states the distribution is expected to be paid from taxable net investment income, with final tax characteristics reported on Form 1099 after year-end. PennantPark operates as a business development company focused on U.S. middle-market private companies and is managed by PennantPark Investment Advisers, LLC, which oversees more than $10 billion of investable capital, including potential leverage.
PennantPark Investment Corporation (PNNT) entered into a Note Purchase Agreement for a private placement of senior unsecured notes to qualified institutional investors. The company will issue $62,000,000 of 8.00% Senior Unsecured Notes due September 1, 2031 and $2,000,000 of 7.25% Senior Unsecured Notes due September 30, 2029.
Interest on the 2031 Notes is payable semi-annually on March 1 and September 1, beginning March 1, 2027; interest on the 2029 Notes-2 is payable semi-annually on March 30 and September 30, beginning March 30, 2027. The notes are general unsecured obligations ranking pari passu with the company’s other unsecured unsubordinated debt and are subject to covenants including a minimum asset coverage ratio of 1.50 to 1.00.
The 2031 Notes are callable before September 1, 2028 at par plus a make-whole premium and thereafter at 101% of principal plus interest. The 2029 Notes-2 are redeemable at par plus a make-whole premium. Upon certain change of control events, holders must be offered prepayment at 100% of principal plus accrued interest. Registration Rights Agreements require PennantPark to complete an exchange offer or resale registration; failure to meet specified deadlines increases interest by up to 0.50% per annum.
PennantPark Investment Corporation (PNNT) provides a detailed schedule of portfolio investments, primarily in non-controlled, non-affiliated portfolio companies, with a smaller portion in controlled, affiliated positions. The portfolio is largely composed of first lien secured debt, alongside second lien loans, subordinated/convertible notes, preferred equity and common equity or warrant positions.
Many loans reference industries such as business services, healthcare, media, aerospace and defense, auto sector, consumer products, and diversified services. Interest terms are generally floating-rate, shown as current coupons in the high single-digit to mid-teens, with basis point spreads over SOFR or 3M SOFR (for example SOFR+450 to SOFR+940). The schedule distinguishes funded revolvers, unfunded revolvers, term loans, and DIP facilities, with maturities extending out to 2032, illustrating a wide range of counterparties, structures, and tenors across the portfolio.
PennantPark Investment Corporation reported third-quarter 2026 results with an investment portfolio of $1,193.2 million and net assets of $428.0 million, resulting in a net asset value (NAV) of $6.56 per share, down from $7.11 as of September 30, 2025. Regulatory debt to equity stood at 1.29x, and the weighted average yield on debt investments was 11.0%.
For the quarter ended June 30, 2026, investment income was $24.8 million versus $29.6 million a year earlier. Net investment income was $8.9 million, or $0.14 per share, compared with $11.8 million, or $0.18 per share, in the prior-year quarter. The company reported net realized gains of $12.0 million, a marked improvement from a $0.5 million realized loss a year earlier, but also recorded net unrealized depreciation of $16.4 million, leading to a net increase in net assets from operations of $4.5 million, or $0.07 per share.
The portfolio included 159 companies, with four on non-accrual representing 2.5% of cost and 0.8% of fair value. PennantPark Senior Loan Fund held a $1,278.4 million portfolio and reduced its revolving credit facility spread from SOFR + 2.66% to SOFR + 1.69%, lowering its funding cost. The company declared base and supplemental quarterly distributions totaling $0.24 per share.
PennantPark Investment Corporation declared a monthly distribution for August 2026 of $0.08 per share, consisting of a $0.04 base dividend and a $0.04 supplemental dividend. The distribution is payable on September 1, 2026 to stockholders of record as of August 14, 2026.
The distribution is expected to be paid from taxable net investment income, with final tax characteristics reported on Form 1099 and in future SEC reports. PennantPark Investment Corporation is a business development company managed by PennantPark Investment Advisers, LLC, which oversees approximately $10 billion of investable capital.
PennantPark Investment Corporation announced timing for its third fiscal quarter 2026 results. The company will report results for the quarter ended June 30, 2026 on Monday, August 10, 2026 after the close of the financial markets and host a conference call at 12:00 p.m. Eastern Time on Tuesday, August 11, 2026. Investors can join by dialing toll-free (800) 330-6710 or (646) 769-9200 for international callers and referencing conference ID 3996420. PennantPark is a business development company focused on U.S. middle-market private companies, and its adviser and affiliates manage approximately $10 billion of investable capital.