secwatch.observer — SEC 8-K summary
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Issuer:     PENNANTPARK INVESTMENT CORP (PNNT)
CIK:        0001383414
Form:       8-K
Filed at:   2025-02-10T23:59:59+00:00
Accession:  0001171843-25-000719
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PennantPark Q1 core NII $0.20/shr, NAV $7.57; upsizes credit facility to $500M
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- Net investment income $13.0M ($0.20/shr); core NII matches GAAP NII with no one-time items.
- Distributions declared $0.24/shr vs $0.21/shr year ago; net asset value $7.57/shr (+0.1% QoQ).
- Portfolio $1.30B; invested $295.7M, had $353.7M in sales/repayments; weighted avg yield on debt 12.0%.
- PSLF joint-venture portfolio grew to $1.28B from $1.03B in prior quarter; PSLF yields 10.7%.
- Credit facility upsized to $500M from $475M in Feb 2025; two portfolio cos on non-accrual (1.5% fair value).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1383414/000117184325000719/0001171843-25-000719-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1383414/000117184325000719/f8k_021025.htm
  HTML page:      https://secwatch.observer/filing/0001171843-25-000719

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer