PennantPark Investment
Corporation PNNT announced today that it
has entered into an amended and restated, multi-currency, senior
secured revolving credit facility with
certain lenders, which increased the size of the Credit Facility from
$315 million to $380 million. SunTrust Robinson Humphrey, Inc. and
J.P. Morgan Securities LLC acted as joint lead arrangers and joint
book runners, SunTrust Bank acted as administrative agent and
JPMorgan Chase Bank, N.A. acted as syndication agent of the Credit
Facility. The Credit Facility contains an accordion feature whereby
it can be expanded to $600 million if certain conditions are
satisfied.
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