secwatch.observer — SEC 8-K summary
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Issuer:     PENNANTPARK INVESTMENT CORP (PNNT)
CIK:        0001383414
Form:       8-K
Filed at:   2026-01-16T23:59:59+00:00
Accession:  0001193125-26-015518
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

PennantPark reports $63.1M gain from JF sale, preliminary Dec Q NAV $6.97-$7.02
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- Sold JF Intermediate, LLC for $67.5M in Dec 2025, realizing a $63.1M gain; JF was 23% of equity portfolio at fair value.
- Credit facility amended: commitments increased to $535M, rate lowered to SOFR+2.10%, revolving period through 2029, maturity 2030.
- Preliminary NAV per share $6.97-$7.02 vs $7.11 at Sep 30; core NII $0.13-$0.15/share vs $0.15 prior.
- Non-accrual loans increased to 2.2% of portfolio at cost (four loans) vs 1.3% last quarter; debt/equity ratio 1.34x, down from 1.60x.
- Portfolio fair value $1.2B; total debt $611M; unused credit capacity $239M; cash $46M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1383414/000119312526015518/0001193125-26-015518-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1383414/000119312526015518/pnnt-20260115.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-015518

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