PennantPark Announces Public Offering of Senior Unsecured Notes Due 2025

PennantPark Investment Corporation (the "Company") PNNT announced that it plans to make a public offering of Senior Unsecured Notes due 2025. The Company will also grant the underwriters an option to purchase up to an additional 15% aggregate principal amount of the Senior Unsecured Notes to cover overallotments, if any. The Senior Unsecured Notes are unsecured and are expected to pay interest quarterly. The offering of the Senior Unsecured Notes will be made under the Company's shelf registration statement, which was filed with and has been declared effective by the Securities and Exchange Commission.