Firm History—PennantPark was organized on January 11, 2007 and completed an initial public offering and a private placement of common stock, on April 24, 2007 which raised gross proceeds of $315 million. Between 2009 and 2011 we raised gross proceeds of $256 million in four follow-on equity offerings. On June 25, 2007, we closed on a $300 million, five-year credit facility priced at 100 basis points over the London Interbank Offered Rate, or LIBOR. On July 30, 2010 PennantPark SBIC LP received a license from the SBA to operate as an SBIC. On November 4, 2010, SBIC LP received a debt commitment from the SBA totaling $100 million. Our Family of Funds
PennantPark Investment Corporation
PennantPark Floating Rate Capital Ltd. |
