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The U.S. Small and Medium-sized Lending Markets Are Rapidly Expanding: An interview with Art Penn, Founder of Pennant Park, an Investment Company Specializing in U.S. SME Financing By Momoe Ban – Nikkei Newspaper: “World Plus” Edition Momoe Ban and Nikkei Asian Review conducted a Q&A with PennantPark Founder and Managing Partner Art Penn, delving into the expansion of investment opportunities and strategies for SME financing. Specifically, Art provided his perspective on Japanese institutional investors’ expansion...Continue Reading

Direct Lenders Weigh Impact of Aggressive EBITDA Add-Backs By David Brooke – Reuters PennantPark Founder and Managing Partner Art Penn was recently quoted in a Reuters article examining the growing prevalence of EBITDA add-backs and their impact on middle market lenders. “Some of the add-backs that are synergies are not as tangible and more of a hope that they will occur,” Art said. “They also won’t be immediate so it’s a lot harder for a...Continue Reading

NEW YORK , Jan. 10, 2020 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NASDAQ: PNNT) announced that it will report results for the first fiscal quarter ended December 31, 2019 on Thursday, February 6, 2020 after the close of the financial markets.Continue Reading

NEW YORK , Jan. 10, 2020 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NASDAQ: PFLT) (TASE:PFLT) announced that it will report results for the first fiscal quarter ended December 31, 2019 on Wednesday, February 5, 2020 after the close of the financial markets.Continue Reading

NEW YORK , Jan. 03, 2020 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the “Company”) (NASDAQ: PFLT) (TASE: PFLT) declares its monthly distribution for January 2020 of $0.095 per share, payable on February 3, 2020 to stockholders of record as of January 16, 2020 .Continue Reading

Loans for Small and Medium-Sized Companies Rapidly Expanding in the U.S. Seeking High Yield via a Fund Structure by Momoe Ban – Nikkei Newspaper December 5th, 2019 Last month, PennantPark Founder and Managing Partner Art Penn discussed the growth of the private debt market in an interview with the Nikkei Asian Review, noting that Small and Medium Enterprises (SMEs) are seeking new opportunities for private debt to raise funds. Click here to see the full...Continue Reading

NEW YORK , Dec. 03, 2019 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NASDAQ: PNNT) declares its first fiscal quarter 2020 distribution of $0.18 per share, payable on January 2, 2020 to stockholders of record as of December 19, 2019 .Continue Reading

NEW YORK , Dec. 03, 2019 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NASDAQ: PFLT) (TASE: PFLT) declares its monthly distribution for December 2019 of $0.095 per share, payable on January 2, 2020 to stockholders of record as of December 19, 2019 .Continue Reading

Private Credit Squeezes Leveraged Loan Market: November Wrap By Kelsey Butler – Bloomberg PennantPark Founder and Managing Partner Art Penn notes in a recent Bloomberg article that the quality of borrowers coming to the core middle market has improved recently, which is partially being driven by M&A and buyout activity.   The following story appeared on the Bloomberg Terminal.   Read the Full ArticleContinue Reading

NEW YORK , Nov. 21, 2019 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NASDAQ: PNNT) announced today financial results for the fourth quarter and fiscal year ended September 30, 2019 . HIGHLIGHTS                                      Quarter ended September 30, 2019         ($ in millions,Continue Reading