Company: PNNT
Filing Date: 2025-02-10
Form Type: 10-Q
Source: 0000950170-25-017048
Chunk: 22

Company: PENNANTPARK INVESTMENT CORP
Filing Date: 2025-02-10
Form: 10-Q
Item: Part I, Item 1
Chunk 22
---
ests/Warrants

    9,638

    —

    Total Investments in Non-Controlled, Affiliated Portfolio Companies

    57,109

    11,032

    Investments in Controlled, Affiliated Portfolio Companies - 89.2% (1), (2)

    First Lien Secured Debt - 20.8% of Net Assets

    AKW Holdings Limited (8), (11)
     
    03/15/2027
     
    Healthcare, Education and Childcare

    11.92
    %
     
    3M SOFR+700

    GBP 42,457

    58,075

    53,173

    JF Holdings Corp.
     
    07/31/2026
     
    Distribution

    10.38
    %
     
    3M SOFR+605

    49,500

    49,038

    49,500

    Total First Lien Secured Debt

    107,113

    102,673

    Subordinated Debt - 31.4% of Net Assets

SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 16

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)

    Flock Financial, LLC (11)
     
    10/19/2027
     
    Financial Services

    14.50
    %

    —

    23,031

    $
    23,031

    $
    23,031

    (PIK 14.50%)

    PennantPark Senior Loan Fund, LLC (11)
     
    07/31/2027
     
    Financial Services

    12.59
    %
     
    3M SOFR+800

    132,175

    132,175

    132,174

    Total Subordinated Debt

    155,206

    155,205

    Preferred Equity - 5.4%