
PennantPark Investment Corporation, founded in 2007 and headquartered in New York City, is a publicly traded business development company that aims to provide investors with attractive total returns through debt and equity investments in middle-market businesses. The company primarily focuses on private debt investments, offering tailored financing solutions that serve the capital needs of diverse industries.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
PNNT 4.00% 2026-11-01 USDPennantPark Investment Corporation | United States | 2026-11-01 | 4.000 | 6.50 |
PNNT 4.50% 2026-05-01 USDPennantPark Investment Corporation | United States | 2026-05-01 | 4.500 | 6.43 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, PennantPark has actively participated in the bond market, making its first bond issuance in 2010. The company has been known for its significant senior secured notes, including a notable $50 million offering in 2021 which garnered attention for its favorable yields compared to industry averages. Currently, its bonds are structured with enhanced liquidity features, and they have drawn interest due to their consistent performance amid fluctuating market conditions. Recent discussions regarding potential future issuances aim to further strengthen its capital base and expand investment capabilities.