Industry
Asset Management
PennantPark Investment Corporation, a business development company is a private equity fund specializes in direct and mezzanine investments in middle market companies. It invests in the form of mezzanine debt, senior secured loans, and equity investments. The fund typically invests in buildings and real estate, hotels, gaming and leisure, technology, telecommunications, transportation, information technology services, electronics, healthcare & pharmaceuticals, education and childcare, financial services, printing and publishing, consumer products, business services, energy & Related Services and utilities, distribution, oil and gas, media, environmental services, aerospace and defense, building materials, capital equipment, chemicals, plastics, & rubber, food & beverage, wholesale, manufacturing and basic industries and retail. It invests in equity securities and debt transactions through preferred stock, common stock, warrants, options, senior secured debt, subordinated debt, subordinated loans, first lien debt, mezzanine loans, and distressed debt securities and private equity co-investments. It seeks to invest in companies based in the United States. The fund seeks to invest between $10 million and $100 million cross the capital structure (senior secured loans, subordinated debt, and other investments) in its portfolio companies with EBITDA between $10 to $50 million. Its mezzanine loans, senior secured loans, and other investments in its portfolio companies are between $15 million and $50 million. The fund may also make non-control equity and debt investments.
Loading...
Open
7.07
Mkt cap
460M
Volume
468K
High
7.09
P/E Ratio
10.51
52-wk high
8.04
Low
7.02
Div yield
0.13
52-wk low
6.31
Portfolio Pulse from Benzinga Newsdesk
November 17, 2023 | 8:41 am
Portfolio Pulse from Benzinga Newsdesk
November 15, 2023 | 9:29 pm
Portfolio Pulse from Benzinga Insights
November 15, 2023 | 9:20 pm
Portfolio Pulse from Benzinga Insights
November 15, 2023 | 12:30 pm
Portfolio Pulse from Benzinga Insights
November 10, 2023 | 2:45 pm
Portfolio Pulse from Benzinga Insights
November 01, 2023 | 3:05 pm
Portfolio Pulse from richadhand@benzinga.com
August 15, 2023 | 8:32 am
Portfolio Pulse from richadhand@benzinga.com
August 14, 2023 | 8:08 am
Portfolio Pulse from richadhand@benzinga.com
August 11, 2023 | 5:22 pm
Portfolio Pulse from sunil@benzinga.com
August 09, 2023 | 8:31 pm
All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.