PennantPark Investment: My Highest Conviction No-Go In The BDC Space

My previous article on PennantPark Investment Corporation (NYSE: PNNT ) was issued before the release of Q1, 2025 earnings (covering Q4, 2024 calendar period). The thesis was quite bearish and I recommended for investors to avoid the BDC even though there wasRoberts Berzins has over a decade of experience in the financial management helping top-tier corporates shape their financial strategies and execute large-scale financings. He has also made significant efforts to institutionalize REIT framework in Latvi ...