NASDAQ, PNNT - Pennantpark Investme
PennantPark Investment Corporation (?PennantPark Investment?, ?we?, ?our? or
?us?), a Maryland corporation organized on January 11, 2007, is a closed-end,
externally managed, non-diversified investment company that has elected to be
treated as a business development company (?BDC?) under the Investment Company
Act of 1940 (the ?1940 Act?). In addition, for tax purposes we have elected to
be treated as a regulated investment company, or RIC, under the Internal Revenue
Code of 1986, as amended (the ?Code?).
Our investment objectives are to generate both current income and capital
appreciation through debt and equity investments. We invest primarily in U.S.
middle-market private companies in the form of mezzanine debt, senior secured
loans and, to a lesser extent, equity investments. From time to time, we may
also invest in public companies that are thinly traded. ...
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