secwatch.observer — SEC 8-K summary
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Issuer:     PENNANTPARK INVESTMENT CORP (PNNT)
CIK:        0001383414
Form:       8-K
Filed at:   2026-09-01T20:11:48+00:00
Accession:  0001193125-26-378418
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PennantPark issues $64M senior unsecured notes: $62M at 8% due 2031, $2M at 7.25% due 2029
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- Issued $62M 8.00% Senior Unsecured Notes due Sept 1, 2031 at 98% of par; $2M 7.25% Notes due Sept 30, 2029 at 100%.
- Interest semi-annual; 2031 notes redeemable at 101% after Sept 1, 2028; 2029 notes redeemable at make-whole.
- Notes rank pari passu with existing unsecured debt; covenants include 1.50x minimum asset coverage ratio.
- Registration rights agreements require exchange offer within 365 days; failure triggers 0.25-0.50% additional interest.
- Proceeds not specified; private placement to qualified institutional investors closed Sept 1, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1383414/000119312526378418/0001193125-26-378418-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1383414/000119312526378418/d528646d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-378418

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