Pennant Investment (PNNT) Reports In-Line Q3 EPS
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PennantPark Investment Corporation Announces Financial Results for the Quarter Ended June 30, 2016
August 8, 2016 4:05 PM EDTNEW YORK, NY -- (Marketwired) -- 08/08/16 -- PennantPark Investment Corporation (NASDAQ: PNNT) announces financial results for the third fiscal quarter ended June 30, 2016.
HIGHLIGHTS Quarter ended June 30, 2016 ($ in millions, except per share amounts) Assets and Liabilities: Investment portfolio $ 1,236.6 Net assets $ 635.6 Net asset value per share $ 8.94 Credit Facility $ 101.1 2019 Notes $ 249.7 SBA debentures $ 193.1 2025 Notes $ 70.6 Yield on debt investments at quarter-end 11.8% Operating Results: Net investment income $ 17.8 Net investment income per share $ 0.25 Distributions declared per share $ 0.28 Portfolio Activity: Purchases of investments $ 90.5 Sales and repayments of investments $ 103.1 Number of new portfolio companies invested -- Number of existing portfolio companies invested 8 Number of portfolio companies at... More