PennantPark Investment Corporation Receives “BBB” Rating from Egan-Jones
August 25 2017 - 9:15AM
PennantPark Investment Corporation (NASDAQ:PNNT), a leading
provider of capital to middle-market companies, today announced
that it has been assigned a senior unsecured credit rating of “BBB”
from Egan-Jones Rating Company (“Egan-Jones”).
Egan-Jones is a Nationally Recognized
Statistical Rating Organization and is recognized by the National
Association of Insurance Commissioners as a Credit Rating Provider.
Egan-Jones is also certified by the European Securities and Markets
Authority.
ABOUT PENNANTPARK INVESTMENT
CORPORATION
PennantPark Investment Corporation is a business
development company which primarily invests in U.S. middle-market
companies in the form of senior secured debt, mezzanine debt and,
to a lesser extent, equity investments. PennantPark Investment
Corporation is managed by PennantPark Investment Advisers, LLC.
FORWARD-LOOKING STATEMENTS
This press release may contain “forward-looking
statements” within the meaning of the Private Securities Litigation
Reform Act of 1995. You should understand that under Section
27A(b)(2)(B) of the Securities Act of 1933, as amended, and Section
21E(b)(2)(B) of the Securities Exchange Act of 1934, as amended, or
the Exchange Act, the “safe harbor” provisions of the Private
Securities Litigation Reform Act of 1995 do not apply to
forward-looking statements made in periodic reports we file under
the Exchange Act. All statements other than statements of
historical facts included in this press release are forward-looking
statements and are not guarantees of future performance or results
and involve a number of risks and uncertainties. Actual results may
differ materially from those in the forward-looking statements as a
result of a number of factors, including those described from time
to time in filings with the SEC. The Company undertakes no duty to
update any forward-looking statement made herein. You should not
place undue influence on such forward-looking statements as such
statements speak only as of the date on which they are made.
We may use words such as “anticipates,”
“believes,” “expects,” “intends,” “seeks,” “plans,” “estimates” and
similar expressions to identify forward-looking statements. Such
statements are based on currently available operating, financial
and competitive information and are subject to various risks and
uncertainties that could cause actual results to differ materially
from our historical experience and our present expectations.
CONTACT:
Aviv Efrat
PennantPark Investment Corporation
Reception: (212) 905-1000
www.pennantpark.com
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