PennantPark Investment Corporation Announces Monthly Distribution of $0.08 per Share

Core Viewpoint - PennantPark Investment Corporation has declared a monthly distribution of $0.08 per share for July 2024, payable on August 1, 2024, to stockholders of record as of July 15, 2024, with the distribution expected to be sourced from taxable net investment income [1] Company Overview - PennantPark Investment Corporation is a business development company that primarily invests in U.S. middle-market private companies through various forms of debt and equity investments [2] - The company is managed by PennantPark Investment Advisers, LLC, which is a leading middle market credit platform managing $7.5 billion of investable capital [3] Management and Operations - PennantPark Investment Advisers, LLC has been operational since 2007, providing access to middle market credit and offering a range of financing solutions to private equity firms and their portfolio companies [3] - The firm is headquartered in Miami and has additional offices in New York, Chicago, Houston, Los Angeles, and Amsterdam [3]