Your email has been successfully added to our mailing list.

×
0 0 0 0 0.0164473684210526 0.0460526315789474 0.0592105263157895 0.0625
Stock impact report

PennantPark Investment Corporation Announces Transaction With Pantheon

PennantPark Investment Corporation (PNNT) 
Last pennantpark investment corporation earnings: 2/6 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: pennantparkinvestment.mwnewsroom.com
Company Research Source: GlobeNewswire
Joint Venture to Target Middle Market Financing Opportunities Pantheon Acquires a stake in a Special Purpose Vehicle from PennantPark Pantheon to Contribute Additional Capital Transaction Boosts Buying Power and Scales Platform NEW YORK, Aug. 04, 2020 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (“PNNT”) (NASDAQ: PNNT) today announced it has formed a joint venture with the private credit investment business of Pantheon (“Pantheon”) to create PennantPark Senior Loan Fund I, LLC (“PSLF”). The strategic transaction seeks to position PennantPark to leverage its established middle-market lending capabilities and capitalize on compelling senior-loan opportunities amid historic market volatility. Pantheon has invested $35 million in capital to acquire a 28% stake from PNNT in a Special Purpose Vehicle that currently holds $356 million of senior loans at fair value. Additionally, Pantheon has the opportunity to contribute an additional $30 million of capital in PSLF over ti Show less Read more
Impact Snapshot
Event Time:
PNNT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for PNNT alerts
Opt-in for
PNNT alerts

from News Quantified
Opt-in for
PNNT alerts

from News Quantified