PennantPark Private Income Fund announced on September 1, 2026, that its wholly-owned subsidiary, PennantPark Private Income Fund SPV, LLC, entered into a third amendment to its senior secured revolving credit facility. The facility was originally dated October 1, 2025, and is governed by the Borrower, PennantPark Investment Advisers, LLC as collateral manager, and lenders including CIBC Bank USA as administrative agent and Western Alliance Trust Company, National Association as collateral agent.
The amendment adds two new lenders to the facility. Apple Bank has committed $35.0 million, and Sumitomo Mitsui Trust Bank has committed $50.0 million. In exchange for these new commitments, CIBC Bank USA has reduced its commitment level. Despite the change in lender composition, the aggregate borrowing capacity of the facility remains unchanged at $200.0 million. The amendment did not alter any other material terms of the credit agreement.
The amendment is filed as Exhibit 10.1 to the current report on Form 8-K.
