PennantPark Investment issues $75M 7.00% Senior Notes due 2029 in private placement

PENNANTPARK INVESTMENT CORP

Issued $75M aggregate principal amount of 7.00% Senior Unsecured Notes due Feb 1, 2029 to a qualified institutional investor.
Notes issued at 99.336% of par; interest payable semi-annually beginning Aug 1, 2026.
Notes are unsecured, rank pari passu with existing and future unsecured unsubordinated debt; subject to 1.50:1.00 minimum asset coverage ratio.
Company may redeem at par plus accrued interest and make-whole premium if prior to Nov 1, 2028; change-of-control put required.
Company entered into a Registration Rights Agreement to exchange the notes for registered debt securities.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

PENNANTPARK INVESTMENT CORP entered into Note Purchase Agreement with a qualified institutional investor valued at $75,000,000 (effective 2026-01-30).

Action: entry
Agreement: notes offering
Counterparty: a qualified institutional investor
Value: $75,000,000
Effective: 2026-01-30

Exact text from the filing

On January 30, 2026, PennantPark Investment Corporation (the “Company”) entered into a Note Purchase Agreement (the “Note Purchase Agreement”) governing the issuance of $ 75,000,000 in aggregate principal amount of 7.00% Senior Unsecured Notes due February 1, 2029 (the “Notes”), to a qualified institutional investor (the “Investor”) in a private placement (the “Private Placement”).

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Source: SEC EDGAR

accession 0001193125-26-031964

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