Company: PNNT
Filing Date: 2025-02-10
Form Type: 10-Q
Source: 0000950170-25-017048
Chunk: 151

Company: PENNANTPARK INVESTMENT CORP
Filing Date: 2025-02-10
Form: 10-Q
Item: Part I, Item 2
Chunk 151
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 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)All investments in U.S. companies unless noted otherwise.

 61

Below is a listing of PSLF’s individual investments as of September 30, 2024 ($ in thousands):

    Issuer Name 3
     
    Maturity
     
    Industry
     
    Current Coupon

    Basis PointSpread AboveIndex (1)
     
    Par

    Cost

    Fair Value (2)

    First Lien Secured Debt - 916.4%

    A1 Garage Merger Sub, LLC
     
    12/22/28
     
    Personal, Food and Miscellaneous Services

    10.95
    %
     
    SOFR+610

    14,738

    $
    14,504

    $
    14,738

    ACP Avenu Buyer, LLC
     
    10/02/29
     
    Business Services

    10.57
    %
     
    SOFR+525

    7,667

    7,526

    7,418

    ACP Falcon Buyer, Inc.
     
    08/01/29
     
    Business Services

    10.83
    %
     
    SOFR+550

    15,351

    15,067

    15,412

    Ad.net Acquisition, LLC
     
    05/07/26
     
    Media

    11.28
    %
     
    SOFR+626

    4,838

    4,838

    4,838

    Aeronix, Inc. - Term Loan
     
    12/18/28
     
    Aerospace and Defense

    9.85