Company: PNNT
Filing Date: 2025-11-24
Form Type: 10-K
Source: 0001193125-25-293703
Chunk: 66

Company: PENNANTPARK INVESTMENT CORP
Filing Date: 2025-11-24
Form: 10-K
Item: Item 1C
Chunk 66
---
 Isle of Man was $55.1 million, $88.6 million, and 19.1%.(9)Investment is held through our Taxable Subsidiary (See Note 1).(10)Non-accrual security(11)The investment is treated as a non-qualifying asset under Section 55(a) of the 1940 Act. Under the 1940 Act, we may not acquire any non-qualifying asset unless, at the time the acquisition is made, qualifying assets represent at least 70% of our total assets. As of September 30, 2025, qualifying assets represent 74% of the Company’s total assets and non-qualifying assets represent 26% of the Company’s total assets.(12)All investments are in US Companies unless noted otherwise.  Total cost, fair value, and percentage of Net Assets for the U.S. Companies were $1,181.8 million, $1,198.6 million, and 258.4%(13)Partial non-accrual PIK security.(14)All of our investments are not registered under the 1933 Act and have restrictions on resale. 

SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 80

PENNANTPARK INVESTMENT CORPORATION AND SUBSIDIARIESCONSOLIDATED SCHEDULE OF INVESTMENTSSeptember 30, 2024(In thousands, except share data) 

     Issuer Name
      
     Maturity
      
     Industry
      
     Current Coupon

     Basis Point Spread Above Index (4)

     Par / Shares

     Cost

     Fair Value (3)

     Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 184.3% (1), (2)

     First Lien Secured Debt - 112.9% of Net Assets

     A1 Garage Merger Sub, LLC
      
     12/22/2028
      
     Personal, Food and Miscellaneous Services
      
     10.95%

     3M SOFR+610

     5,345

     $
     5,279

     $
     5,345

     A1 Garage Merger Sub, LLC - Unfunded Term Loan (8)
      
     12/21/2024
      
     Personal, Food and Miscellaneous Services

     —

     —

     1,534

     —

     23