Company: PNNT
Filing Date: 2025-11-24
Form Type: 10-K
Source: 0001193125-25-293703
Chunk: 46

Company: PENNANTPARK INVESTMENT CORP
Filing Date: 2025-11-24
Form: 10-K
Item: Item 1C
Chunk 46
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P”. The spread may change based on the type of rate used. The terms in the Schedule of Investments disclose the actual interest rate in effect as of the reporting period. SOFR loans are typically indexed to a 30-day, 60-day, 90-day or 180-day SOFR rate (1M S, 2M S, 3M S, or 6M S, respectively), at the borrower’s option. All securities are subject to a SOFR or Prime rate floor where a spread is provided, unless noted. The spread provided includes PIK interest and other fee rates, if any.(2)Valued based on PSLF’s accounting policy.(3)As of September 30, 2024, all investments are in US Companies.  Total cost, fair value, and percentage of Net Assets for U.S. Companies were $1,036.3 million, $1,031.2 million and 918.5%(4)All of our investments are not registered under the 1933 Act and have restrictions on resale.(5)The securities are, 1) pledged as collateral under the BNP Credit Facility and held through Funding I; or, 2) securing the 2034 Asset-Backed Debt and held through PennantPark CLO IV, LLC; or, 3)securing the 2035 Asset-Backed Debt held through PennantPark CLO VII, LLC  

58

 Below are the consolidated statements of assets and liabilities for PSLF ($ in thousands): 

     September 30, 2025

     September 30, 2024

     Assets

     Investments at fair value  (amortized cost—$1,289,319 and $1,036,305, respectively)
      
     $
     1,265,901

     $
     1,031,225

     Cash and cash equivalents (cost—$40,985 and $36,595, respectively)

     40,985

     36,595

     Interest receivable

     5,271

     5,089

     Receivable for investments sold

     1,055

     —

     Prepaid expenses and other assets

     2,148

     372

     Due from affiliate

     87

     71

     Total assets

     1,315,447

     1,073,352

     Liabilities

     2037