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MIAMI , Feb. 02, 2024 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) declares its monthly distribution for February 2024 of $0.07 per share, payable on March 1, 2024 to stockholders of record as of February 15, 2024 .Continue Reading

James Stone speaks with Trinity Chavez about the middle market buyout process and the role of private credit managers like PennantPark. James also explains the value of building long-term relationships with private equity sponsors, along with the rigorous due diligence process that takes place before an investment is made.Continue Reading

MIAMI , Jan. 04, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) (TASE:PFLT) announced that it will report results for the first fiscal quarter ended December 31, 2023 on Wednesday, February 7, 2024 after the close of the financial markets.Continue Reading

MIAMI , Jan. 04, 2024 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) announced that it will report results for the first fiscal quarter ended December 31, 2023 on Wednesday, February 7, 2024 after the close of the financial markets.Continue Reading

MIAMI , Jan. 03, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) (TASE: PFLT) declares its monthly distribution for January 2024 of $0.1025 per share, payable on February 1, 2024 to stockholders of record as of January 16, 2024 .Continue Reading

MIAMI , Jan. 03, 2024 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) declares its monthly distribution for January 2024 of $0.07 per share, payable on February 1, 2024 to stockholders of record as of January 16, 2024 .Continue Reading

Art Penn Featured on Bloomberg Markets: The Close Art Penn discusses the lending opportunity in the core middle market with Vonnie Quinn and Sonali Basak of Bloomberg TV. Of note, Art looks back on a strong 2023 where yields rose to the low double digits for first-lien senior secured loans on the back of rising rates and a lender-friendly market environment. While default rates remain below long-term averages, Art notes that “as prudent credit selectors...Continue Reading

In Episode 4 of our 8-part video series on private credit investing with Trinity Chavez of NYSE’s Taking Stock, Senior Partner Sal Giannetti speaks about the U.S. middle market, which includes over 200,000 companies and generates $10 trillion in annual revenue. Sal also explains that many banks and investment managers have vacated the core middle market, leaving behind a less competitive market featuring better pricing and stronger loan structures for investors.Continue Reading

MIAMI , Dec. 04, 2023 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) (TASE: PFLT) declares its monthly distribution for December 2023 of $0.1025 per share, payable on January 2, 2024 to stockholders of record as of December 18, 2023 .Continue Reading

MIAMI , Dec. 04, 2023 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) declares its monthly distribution for December 2023 of $0.07 per share, payable on January 2, 2024 to stockholders of record as of December 18, 2023 .Continue Reading