Pennant Investment (PNNT) Tops Q3 EPS by 1c

Go back to Pennant Investment (PNNT) Tops Q3 EPS by 1c

PennantPark Investment Corporation Announces Financial Results for the Quarter Ended June 30, 2015

August 5, 2015 4:02 PM EDT

NEW YORK, NY -- (Marketwired) -- 08/05/15 -- PennantPark Investment Corporation (NASDAQ: PNNT) announced today financial results for the third fiscal quarter ended June 30, 2015.

HIGHLIGHTS Quarter ended June 30, 2015 ($ in millions, except per share amounts) Assets and Liabilities: Investment portfolio $ 1,294.0 Net assets $ 745.5 Net asset value per share $ 10.04 Credit Facility $ 98.6 2019 Notes $ 250.2 SBA debentures $ 150.0 2025 Notes $ 71.9 Yield on debt investments at quarter-end 12.4% Operating Results: Net investment income $ 20.7 Net investment income per share $ 0.28 Distributions declared per share $ 0.28 Portfolio Activity: Purchases of investments $ 113.3 Sales and repayments of investments $ 107.0 Number of new portfolio companies invested 3 Number of existing portfolio companies invested 9 Number of portfolio companies... More