Pennantpark Investment Corp

NYSE:PNNT

PennantPark Investment Corporation is a publicly listed business development firm specializing in direct and mezzanine investments in middle market companies. The company is headquartered in New York City, New York and currently employs 0 full-time employees. The company went IPO on 2007-04-19. The firm is a business development company, whose objectives are to generate both current income and capital appreciation while seeking to preserve capital through debt and equity investments. The company invests primarily in United States middle-market companies in the form of first lien secured debt, second lien secured debt, subordinated debt to a lesser extent and equity investments. The Company’s debt investments range in maturity from 3 to 10 years and are made to the United States and to a limited extent, non-United States corporations, partnerships and other business entities, which operate in various industries and geographical regions. The company invests in sectors, including media, hotels, motels, inns and gaming, aerospace and defense, building materials, environmental services, healthcare, education and childcare, consumer products and the auto sector.