PNNT News and Press, PennantPark Investment Corporation From 09/03/20

Introduction This article is part of a series discussing how to build a retirement portfolio using Business Development Companies ("BDCs") currently yielding almost 12% and their safer notes - baby bonds/preferred shares with yield-to-maturities ranging from 6.5% to 10.0%. Please see the...

Introduction This article is part of a series discussing how to build a retirement portfolio using Business Development Companies ("BDCs") currently yielding almost 12% and their safer notes - baby bonds/preferred shares with yield-to-maturities ranging from 6.5% to 10.0%. Please see the...

A couple of weeks ago, I wrote an article about PennantPark Floating Rate Capital ( PFLT ). Today, I’m focused on its close relative, PennantPark Investment ( PNNT ). While both PFLT and PNNT have underperformed the market, PNNT’s decline has been even more pronounced. As seen ...

PennantPark Investment Corporation (PNNT) Q3 2020 Earnings Conference Call August 6, 2020 12:00 ET Company Participants Art Penn - Chairman and Chief Executive Officer Aviv Efrat - Chief Financial Officer Conference Call Participants Kyle Joseph - Jefferies Robert Dodd - Ra...

The following slide deck was published by PennantPark Investment in conjunction with their 2020 Q3 earnings Read more ...

PennantPark Investment (NASDAQ: PNNT ) : Q3 GAAP NII of $0.16 beats by $0.12 . Total investment income of $25.4M (-9.6% Y/Y) misses by $0.5M . Press Release More news on: PennantPark Investment, Earnings news and commentary, Financial stocks news, ,

NEW YORK, Aug. 05, 2020 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NASDAQ: PNNT) announced today financial results for the third fiscal quarter ended June 30, 2020. HIGHLIGHTS Quarter ended June 30, 2020 ($ in millions, except per share amounts) (1) This is a non-GAAP...

In a move to boost its balance sheet, PennantPark Investment (NASDAQ: PNNT ) forms a joint venture with the private credit investment business of Pantheon to create PennantPark Senior Loan Fund I LLC. More news on: PennantPark Investment, Financial stocks news, Read more ...

Joint Venture to Target Middle Market Financing Opportunities Pantheon Acquires a stake in a Special Purpose Vehicle from PennantPark Pantheon to Contribute Additional Capital Transaction Boosts Buying Power and Scales Platform NEW YORK, Aug. 04, 2020 (GLOBE NEWSWIRE) -- ...

As mentioned in previous articles, I'm expecting many Business Development Companies ("BDCs") to report net asset value "NAV" increases , adequate dividend coverage, and reaffirming current dividends . However, I'm also expecting some BDCs to cut dividends in August 2020. This article disc...