PennantPark Investment Corporation Increases Credit Facility to $380 Million - Pennant Park Investment (NYSE:PNNT)

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PennantPark InvestmentCorporation (NASDAQ: PNNT) announced today that ithas entered into an amended and restated, multi-currency, seniorsecured revolving credit facility withcertain lenders, which increased the size of the Credit Facility from$315 million to $380 million. SunTrust Robinson Humphrey, Inc. andJ.P. Morgan Securities LLC acted as joint lead arrangers and jointbook runners, SunTrust Bank acted as administrative agent andJPMorgan Chase Bank, N.A. acted as syndication agent of the CreditFacility. The Credit Facility contains an accordion feature wherebyit can be expanded to $600 million if certain conditions aresatisfied.

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