PennantPark exits equity investment in JF Intermediate

PennantPark (PNNT) Investment Corporation sold its equity investment in JF Intermediate for $67.5M, resulting in a realized gain of $63.1M. This amount approximates the fair value of the investment as of September 30, 2025. JF represented 23% of the equity investment portfolio of the Company at fair value on that date, excluding its equity investment in PennantPark Senior Loan Fund. The Company also announced that it increased the size of its multi-currency, senior secured credit facility from $500M to $535M, extended the maturity to 2030, and reduced pricing from SOFR plus 235 bps to SOFR plus 210 bps.