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PennantPark Private Income Fund Secures $85 Million Credit Facility Amendment
PRIVATESep 01, 2026•7 days ago
Amount Raised
$85 Million
Round Type
Debt Financing
United StatesFinancial ServicesFinanceVenture CapitalLending
Investors
Sumitomo Mitsui Trust BankApple Bank
Description
On September 1, 2026, PennantPark Private Income Fund SPV, LLC amended its senior secured revolving credit facility. The amendment allows Apple Bank and Sumitomo Mitsui Trust Bank to join as lenders with commitments totaling $85 million. This adjustment does not change the overall borrowing capacity of $200 million under the Credit Facility.
Company Information
Company
PennantPark Private Income Fund
Location
United States
About
PennantPark Private Income Fund is a Delaware-based private investment fund primarily focused on providing private credit solutions to mid-market companies. The firm engages in originating, structuring, and investing in a diverse range of debt instruments including senior secured loans, mezzanine loans, and preferred equity investments. Its strategic focus includes targeting growing industries and companies that demonstrate potential for sustainable cash flow generation. The fund primarily operates in the United States, with additional interests potentially extending to select international markets. As an emerging growth company, PennantPark aims to leverage its expertise in the private credit space to deliver attractive risk-adjusted returns to its investors.
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United StatesFinancial ServicesFinanceVenture CapitalLending