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PennantPark Investment Sells Equity Stake for $67.5 Million

Story Highlights
  • PennantPark extended its credit facility maturity to 2030 and increased commitments to $535 million.
  • The company sold its equity in JF Intermediate for $67.5 million, realizing a $63.1 million gain.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
PennantPark Investment Sells Equity Stake for $67.5 Million

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Pennantpark Investment ( (PNNT) ) just unveiled an update.

On December 11, 2025, PennantPark Investment Corporation amended its Senior Revolving Credit Agreement, extending the revolving period to 2029 and the maturity date to December 11, 2030, while reducing the spread and increasing total commitments by $35 million to $535 million. Additionally, on December 15, 2025, the company announced the sale of its equity investment in JF Intermediate, LLC for $67.5 million, realizing a gain of $63.1 million. This transaction, along with the upsized credit facility, enhances liquidity and supports the company’s equity rotation strategy, benefiting shareholders and strengthening its market position.

The most recent analyst rating on (PNNT) stock is a Hold with a $6.00 price target. To see the full list of analyst forecasts on Pennantpark Investment stock, see the PNNT Stock Forecast page.

Spark’s Take on PNNT Stock

According to Spark, TipRanks’ AI Analyst, PNNT is a Neutral.

The overall stock score of 55 reflects mixed financial performance with strong profitability margins but declining revenue growth. Technical analysis indicates bearish momentum, while valuation metrics suggest potential undervaluation. The earnings call highlights both opportunities and risks, with positive transaction activity and portfolio performance offset by high leverage and net losses.

To see Spark’s full report on PNNT stock, click here.

More about Pennantpark Investment

PennantPark Investment Corporation is a business development company that primarily invests in U.S. middle-market private companies through first lien secured debt, second lien secured debt, subordinated debt, and equity investments. It is managed by PennantPark Investment Advisers, LLC, a leading middle market credit platform managing approximately $10 billion of investable capital. The company offers a range of financing solutions to private equity firms and middle-market borrowers.

Average Trading Volume: 609,700

Technical Sentiment Signal: Hold

Current Market Cap: $382.6M

For an in-depth examination of PNNT stock, go to TipRanks’ Overview page.

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