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Jun 30, 2021
PennantPark Q3 2021 Earnings Report
Announced financial results for the quarter ended June 30, 2021, highlighted by a substantial increase in net asset value due to material appreciation in the value of several equity investments.
Key Takeaways
PennantPark Investment Corporation reported a net investment income of $8.1 million, or $0.12 per share, for the quarter ended June 30, 2021. The portfolio totaled $1,148.2 million, with a weighted average yield on interest bearing debt investments of 9.2%.
Portfolio totaled $1,148.2 million as of June 30, 2021.
Net investment income was $8.1 million, or $0.12 per share, for the quarter ended June 30, 2021.
Invested $133.4 million in seven new and nine existing portfolio companies with a weighted average yield on debt investments of 7.9%.
Sales and repayments of investments totaled $191.0 million for the quarter ended June 30, 2021.