PNNT Updated Projections: Includes Baby Bond "PNNTG"
Summary
On June 3, 2021, its portfolio company Cano Health (CANO) closed its combination with JWS with PNNT's shares publicly tradable in December 2021.
However, CANO has declined by around 9% through June 30, 2021, and down another 14% through July 19, 2021, which will drive unrealized losses likely offset by other investments.
PNNT remains a 'Level 1' di…