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April 1, 2024
PennantPark Completes PennantPark CLO IX, LLC, Continuing the Growth of PennantPark’s CLO Platform. PennantPark Investment Advisers, LLC announced the final close of a term debt securitization transaction with a two-year reinvestment period, ten-year final maturity in the form of a collateralized loan obligation (“CLO”) for PennantPark Senior Credit Fund Levered LP (the “Fund”). “I am extremely pleased with the pricing and structure of our ninth CLO, which highlights the track record and the strength of...
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