PennantPark Investment Corp Exits JF Investment, Upsizes Credit Facility to $535M.

PennantPark Investment Corporation has sold its equity investment in JF Intermediate LLC for $67.5 million, resulting in a realized gain of $63.1 million. The company also increased the size of its credit facility from $500 million to $535 million, extended the maturity to 2030, and reduced pricing from LIBOR + 2.5% to LIBOR + 2.0%.