Seeking Alpha

PennantPark Investment upgrades credit terms

PennantPark Investment (PNNT) boosts the size of its credit facility by $100M to $545M and cuts the cost by 50 basis points to Libor plus 225 bps. An accordion feature allows the size to grow to as high as $700M.

The facility has a 5-year maturity.

Press release

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs