---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-318545"
form_type: "8-K"
ticker: "PNNT"
cik: "0001383414"
company_name: "PENNANTPARK INVESTMENT CORP"
filed_at: "2025-12-15T23:59:59+00:00"
generated_at: "2026-05-16T13:11:24.562330+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# PennantPark sells JF equity for $67.5M, gains $63.1M; upsizes credit facility to $535M

## Summary
- Sold equity in JF Intermediate for $67.5M; realized gain of $63.1M (approximated fair value at Sep 30, 2025).
- JF represented 23% of equity portfolio (excluding PennantPark Senior Loan Fund) at fair value.
- Credit facility upsized from $500M to $535M; maturity extended to 2030; pricing reduced from SOFR+235 to SOFR+210 bps.
- Provides $67.5M liquidity for ongoing equity rotation strategy; management calls it attractive outcome.
- Credit facility secured by all company assets; minimum asset coverage and equity covenants apply.

## SEC filing metadata
- accession: 0001193125-25-318545
- form_type: 8-K
- ticker: PNNT
- cik: 0001383414
- company_name: PENNANTPARK INVESTMENT CORP
- filed_at: 2025-12-15T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1383414/000119312525318545/0001193125-25-318545-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1383414/000119312525318545/pnnt-20251211.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-318545
- JSON: https://secwatch.observer/filing/0001193125-25-318545.json
- Plain text: https://secwatch.observer/filing/0001193125-25-318545.txt

## Key facts
- Debt Financings
  PENNANTPARK INVESTMENT CORP amended credit facility of increases the total commitments under the Credit Facility Agreement by $35 million to $535 million with Truist Bank as administrative agent at reduces the spread by 0.25% from Term SOFR plus 235 to Term SOFR plus 210 maturing extends the maturity date from July 29, 2027 to December 11, 2030.
  - Instrument: credit facility
  - Principal: increases the total commitments under the Credit Facility Agreement by $35 million to $535 million
  - Counterparty: Truist Bank as administrative agent
  - Rate: reduces the spread by 0.25% from Term SOFR plus 235 to Term SOFR plus 210
  - Maturity: extends the maturity date from July 29, 2027 to December 11, 2030
  - Event: amendment
  source text: December 11, 2030 (iii) reduces the spread by 0.25% from Term SOFR plus 235 to Term SOFR plus 210 and (iv) increases the total commitments under the Credit Facility Agreement by $35 million to $535 million. The description above is only a summary of the material provisions of the Amendment and is qualified in its entirety by reference to a copy of the Amendment,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1383414/000119312525318545/0001193125-25-318545-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.