This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:PennantPark Investment Corporation Prices Public Offering 2009-09-24 10:05 ET - News Release NEW YORK, NY
-- (MARKET WIRE)
-- 09/24/09 
PennantPark Investment Corporation (the
"Company") (NASDAQ: PNNT) announced that it has entered into an agreement
to sell 4,300,000 shares of common stock at a public offering price of
$8.00 per share, raising approximately $34,400,000 in gross proceeds.
SunTrust Robinson Humphrey and BMO Capital Markets are acting as joint
bookrunners for the offering and Robert W. Baird & Co, FBR Capital Markets,
Keefe Bruyette & Woods, Stifel, Nicolaus & Company, Incorporated, ING
Wholesale and Natixis Bleichroeder Inc. are acting as co-managers.
The closing of the transaction is subject to customary closing conditions
and the shares are expected to be delivered on September 29, 2009. The
Company has also granted the underwriters an option to purchase up to an
additional 645,000 shares of common stock to cover over-allotments, if
any.
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