PennantPark Investment Corporation (NASDAQ:PNNT) Q1 2023 Earnings Call Transcript

Art Penn : Yeah. No. Yes. No, in this environment, both deal activity and repayments have slowed down a little bit, and they’re usually related. There’s usually a corollary between new deals and repayments. They slowed down a little bit, but we do — we are getting methodical episodic repayments. That’s one of like things about a loan portfolio. It’s under incorrectly. You will get repayments. Sometimes it’s faster. Sometimes it’s slower. It’s been on the slower end recently, but we are getting repayments. Nothing that material in and of itself, but kind of a drift trip over time on the repayments.

Melissa Wedel : Thank you, Art.

Operator: And I would now like to turn the call back to Art Penn for any additional or closing remarks.

Art Penn : Yeah. Thank you, everybody, for participating today on our conference call. We will speak with you next in early May as we go through the 3/31 results. Thank you for participating today.

Operator: And this concludes today’s call. Thank you for your participation. You may now disconnect.