Company: PNNT
Filing Date: 2025-02-10
Form Type: 10-Q
Source: 0000950170-25-017048
Chunk: 11

Company: PENNANTPARK INVESTMENT CORP
Filing Date: 2025-02-10
Form: 10-Q
Item: Part I, Item 1
Chunk 11
---
FR+926

    3,429

    3,421

    3,377

    Total Second Lien Secured Debt

    50,888

    50,008

    Subordinate Debt/Corporate Notes - 10.3% of Net Assets

    Beacon Behavioral Holdings LLC
     
    06/21/2030
     
    Healthcare, Education and Childcare

    15.00
    %

    —

    3,359

    3,315

    3,309

SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 13

PENNANTPARK INVESTMENT CORPORATION AND SUBSIDIARIES

CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited) —(Continued)

DECEMBER 31, 2024

(In thousands, except share data)

    Issuer Name
     
    Maturity
     
    Industry
     
    Current Coupon

    Basis Point Spread Above Index (4)

    Par / Shares

    Cost

    Fair Value (3)

    Express Wash Acquisition Company, LLC
     
    01/15/2029
     
    Auto Sector

    16.37
    %
     
    3M SOFR+1226

    24,284

    $
    23,736

    $
    23,701

    Northwinds Topco, Inc.
     
    10/30/2029
     
    Consumer Services

    15.00
    %

    —

    7,396

    7,294

    7,322

    (PIK 15.00%)

    Northwinds Topco, Inc. - Unfunded Term Loan (7)
     
    10/30/2029
     
    Consumer Services

    —

    —

    7,000

    —

    (70
    )

    ORL Holdco, Inc. - Convertible Notes
     
    03/08/2028
     
    Business Services

    18.00
    %

    —

    6

    6

    4

    ORL Holdco, Inc. - Unfunded Convertible Notes (7)
     
    03/08/2028
     
    Business Services

    —

    —

    6

    —

    (1