PennantPark Investment Corporation's Unconsolidated Joint Venture, PennantPark Senior Loan Fund, LLC Completes the Partial Refinancing of its $300 Million Securitization, Lowering the Cost of Financing

MIAMI, July 23, 2025 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE:PNNT) today announced that PennantPark Senior Loan Fund, LLC ("PSLF") through PSLF's wholly-owned and consolidated subsidiary, PennantPark CLO VII, LLC ("CLO VII") has closed the partial refinancing of its $300 million debt securitization.

The partial refinancing of this securitization (the "Debt") impacted the following tranches:

Class

Par Amount($ in millions)

Coupon

Expected Rating(S&P)

Issuance Price

B-R Loans

$21,000,000

3 Mo SOFR + 1.95%

AA

100.0%

C-R Loans

24,000,000

3 Mo SOFR + 2.30%

A

100.0%

D-R Loans