PennantPark Investment Corporation Announces Monthly Distribution of $0.08 per Share
November 04 2024 - 3:05PM
PennantPark Investment Corporation (the "Company") (NYSE: PNNT)
declares its monthly distribution for November 2024 of $0.08 per
share, payable on December 2, 2024 to stockholders of record as of
November 15, 2024. The distribution is expected to be paid from
taxable net investment income. The final specific tax
characteristics of the distribution will be reported to
stockholders on Form 1099 after the end of the calendar year and in
the Company's periodic report filed with the Securities and
Exchange Commission.
ABOUT PENNANTPARK INVESTMENT CORPORATION
PennantPark Investment Corporation is a business
development company which primarily invests in U.S. middle-market
private companies in the form of first lien secured debt, second
lien secured debt, subordinated debt and equity investments.
PennantPark Investment Corporation is managed by PennantPark
Investment Advisers, LLC.
ABOUT PENNANTPARK INVESTMENT ADVISERS, LLC
PennantPark Investment Advisers, LLC is a leading middle market
credit platform, managing $8.3 billion of investable capital,
including available leverage. Since its inception in 2007,
PennantPark Investment Advisers, LLC has provided investors access
to middle market credit by offering private equity firms and their
portfolio companies as well as other middle-market borrowers a
comprehensive range of creative and flexible financing solutions.
PennantPark Investment Advisers, LLC is headquartered in Miami and
has offices in New York, Chicago, Houston, Los Angeles and
Amsterdam.
FORWARD-LOOKING STATEMENTS
This press release may contain “forward-looking
statements” within the meaning of the Private Securities Litigation
Reform Act of 1995. You should understand that under Section
27A(b)(2)(B) of the Securities Act and Section 21E(b)(2)(B) of the
Exchange Act the “safe harbor” provisions of the Private Securities
Litigation Reform Act of 1995 do not apply to forward-looking
statements made in periodic reports PennantPark Investment
Corporation files under the Exchange Act. All statements other than
statements of historical facts included in this press release are
forward-looking statements and are not guarantees of future
performance or results and involve a number of risks and
uncertainties. Actual results may differ materially from those in
the forward-looking statements as a result of a number of factors,
including those described from time to time in filings with the
Securities and Exchange Commission. PennantPark Investment
Corporation undertakes no duty to update any forward-looking
statement made herein. You should not place undue influence on such
forward-looking statements as such statements speak only as of the
date on which they are made.
CONTACT:Richard T. Allorto, Jr.PennantPark Investment
Corporation(212) 905-1000www.pennantpark.com
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