Company: PNNT
Filing Date: 2025-11-24
Form Type: 10-K
Source: 0001193125-25-293703
Chunk: 47

Company: PENNANTPARK INVESTMENT CORP
Filing Date: 2025-11-24
Form: 10-K
Item: Item 1C
Chunk 47
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 Asset-backed debt, net (par—$328,000 and $0, respectively and unamortized deferred financing cost of $1,887 and $0, respectively)

     326,113

     —

     2034 Asset-backed debt, net (par—$246,000, unamortized deferred financing cost of $940 and $1,328, respectively)

     245,060

     244,672

     2035 Asset-backed debt, net (par—$246,000, unamortized deferred financing cost of $1,434 and $1,882, respectively)

     244,566

     244,118

     Credit facility payable

     99,600

     247,600

     Subordinated notes payable to members

     250,808

     191,546

     Payable for investments purchased

     —

     7,314

     Interest payable on credit facility and asset backed debt

     13,730

     12,525

     Distribution payable to members

     8,000

     8,000

     Interest payable on subordinated notes to members

     5,305

     4,372

     Accounts payable and accrued expenses

     1,189

     934

     Due to affiliate

     50

     —

     Total liabilities

     1,194,421

     961,081

     Members' equity

     121,026

     112,271

     Total liabilities and members' equity
      
     $
     1,315,447

     $
     1,073,352

    * For the years ended of September 30, 2025 and 2024, PSLF had zero million of unfunded commitments to fund investments. Below are the consolidated statements of operations for  PSLF ($ in thousands): 

     Year Ended September 30,

     2025

     2024

     Investment income:

     Interest
      
     $
     138,501

     $
     114,231

     Other income

     1,875

     1,023

     Total investment income

     140,376

     115,254

     Expenses:

     Interest expense on credit facility and asset-backed debt

     67,975

     54,405

     Interest expense on subordinated notes to members