-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, HBIE5qYObroIUh9YrBb7WjcmA/lq7Q/R4esHRyq992xcZA6IVP/fTSjeJU5a2595 WRweoEHhEJF7ZL5kJ4R1Dg== 0000861177-07-000099.txt : 20071009 0000861177-07-000099.hdr.sgml : 20071008 20071009124209 ACCESSION NUMBER: 0000861177-07-000099 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20071009 DATE AS OF CHANGE: 20071009 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PENNANTPARK INVESTMENT CORP CENTRAL INDEX KEY: 0001383414 IRS NUMBER: 208250744 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-83172 FILM NUMBER: 071161761 BUSINESS ADDRESS: STREET 1: 445 PARK AVENUE STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-307-3280 MAIL ADDRESS: STREET 1: 445 PARK AVENUE STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 FORMER COMPANY: FORMER CONFORMED NAME: Pennant Investment CORP DATE OF NAME CHANGE: 20061229 FORMER COMPANY: FORMER CONFORMED NAME: Peninsula Private Capital CORP DATE OF NAME CHANGE: 20061212 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: UBS GLOBAL ASSET MANAGEMENT AMERICAS INC CENTRAL INDEX KEY: 0000861177 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: ONE NORTH WACKER DRIVE CITY: CHICAGO STATE: IL BUSINESS PHONE: 60606 MAIL ADDRESS: STREET 1: ONE NORTH WACKER DRIVE CITY: CHICAGO STATE: IL ZIP: 60606 FORMER COMPANY: FORMER CONFORMED NAME: BRINSON PARTNERS INC/IL DATE OF NAME CHANGE: 19930715 SC 13G 1 pennantpark.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. ) PennantPark Investment Corporation (Name of Issuer) - ----------------------------------------------------------- Common Stock (Title of Class of Securities) - ----------------------------------------------------------- (CUSIP Number) 708062104 - ----------------------------------------------------------- September 30, 2007 Date of Event Which Requires Filing of this Statement) - ----------------------------------------------------------- Check the appropriate box to designate the rule pursuant to which this Schedule is filed: /x/ Rule 13d-1(b) / / Rule 13d-1(c) / / Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. Page 1 of 9 pages 1. Names of Reporting Persons and I.R.S. Identification No. UBS AG (for the benefit and on behalf of the UBS Global Asset Management business group of UBS AG (see Item 7) - ----------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group a / / b / / See Item 8 of attached schedule - ----------------------------------------------------------- 3. SEC USE ONLY - ----------------------------------------------------------- 4. Citizenship or Place of Organization Switzerland - ----------------------------------------------------------- Number of 5. Sole Voting Power 2,186,522 Shares Bene- 6. Shared Voting Power 0 ficially 7. Sole Dispositive Power 0 Owned by Each 8. Shared Dispositive Power 2,512,324 Reporting Person With: - ----------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person: 2,512,324* - ----------------------------------------------------------- 10. Check if the Aggregate Amount in Row 9 Excludes Certain Shares / / - ----------------------------------------------------------- 11. Percent of Class Represented by Amount in Row 9 12.0% - ----------------------------------------------------------- 12. Type of Reporting Person BK, HC - ----------------------------------------------------------- UBS AG disclaims beneficial ownership of such securities pursuant to Rule 13d-4 under the Securities Exchange Act of 1934. In accordance with SEC Release No. 34-395-538 (January 12, 1998), this filing reflects the securities beneficially owned by the UBS Global Asset Management business group of UBS AG and its subsidiaries and affiliates on behalf of its clients (collectively, UBS). This filing does not reflect securities, if any, beneficially owned by any other division or business group of UBS. Page 2 of 9 pages 1. Names of Reporting Persons and I.R.S. Identification No. UBS Americas Inc. - ----------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group a / / b / / See Item 8 of attached schedule - ----------------------------------------------------------- 3. SEC USE ONLY - ----------------------------------------------------------- 4. Citizenship or Place of Organization Delaware - ----------------------------------------------------------- Number of 5. Sole Voting Power 2,177,222 Shares Bene- 6. Shared Voting Power 0 ficially 7. Sole Dispositive Power 0 Owned by Each 8. Shared Dispositive Power 2,503,024 Reporting Person With: - ----------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person: 2,503,024 shares* - ----------------------------------------------------------- 10. Check if the Aggregate Amount in Row 9 Excludes Certain Shares / / - ----------------------------------------------------------- 11. Percent of Class Represented by Amount in Row 9 11.9% - ----------------------------------------------------------- 12. Type of Reporting Person HC - ----------------------------------------------------------- UBS Americas disclaims beneficial ownership of such securities pursuant to Rule 13d-4 under the Securities Exchange Act of 1934. In accordance with SEC Release No. 34-395-538 (January 12, 1998), this filing reflects the securities beneficially owned by the UBS Global Asset Management business group of UBS AG and its subsidiaries and affiliates on behalf of its clients (collectively, UBS). This filing does not reflect securities, if any, beneficially owned by any other division or business group of UBS. Page 3 of 9 pages 1 Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only). UBS Global Asset Management (Americas) Inc. 36-3664388 - ----------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (See Instructions) a / / b / / See Item 8 of attached schedule. - ----------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------- 4 Citizenship or Place of Organization - Delaware - ----------------------------------------------------------- Number of 5. Sole Voting Power 2,096,222 Shares Bene- 6. Shared Voting Power 0 ficially 7. Sole Dispositive Power 0 Owned by Each 8. Shared Dispositive Power 2,422,024 Reporting Person With: - ----------------------------------------------------------- 9 Aggregate Amount Beneficially Owned by Each Reporting Person 2,422,024 Shares* - ----------------------------------------------------------- 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) - ----------------------------------------------------------- 11 Percent of Class Represented by Amount in Row (9) 11.5% - ----------------------------------------------------------- 12 Type of Reporting Person (See Instructions) IA - ----------------------------------------------------------- UBS Global Asset Management (Americas) Inc. disclaims beneficial ownership of such securities pursuant to Rule 13d-4 under the Securities Exchange Act of 1934. In accordance with SEC Release No. 34-395-538 (January 12, 1998), this filing reflects the securities beneficially owned by the UBS Global Asset Management business group of UBS AG and its subsidiaries and affiliates on behalf of its clients (collectively, UBS). This filing does not reflect securities, if any, beneficially owned by any other division or business group of UBS. Page 4 of 9 pages - ----------------------------------------------------------- Cusip 708062104 - ----------------------------------------------------------- Item 1(a). Name of Issuer: BORGWARNER INC. Item 1(b). Address of Issuer's Principal Executive Offices: 3850 Hamlin Road Auburn Hills, MI 48326 - ----------------------------------------------------------- Item 2(a) Name of Persons Filing: UBS AG, UBS Americas Inc., and UBS Global Asset Management (Americas) Inc.(UBS Global AM) Item 2(b) Address of Principal Business Office or, if none, Residence: UBS AG's principal business office is: Bahnhofstrasse 45 PO Box CH-8021 Zurich, Switzerland UBS Americas Inc.'s principal business office is: 677 Washington Blvd. Stamford, CT 06901 UBS Global AM's principal business office is: One North Wacker, Chicago, Illinois 60606 Item 2(c) Citizenship: Incorporated by reference to Item 4 of the cover pages. Item 2(d) Title of Class of Securities: Common Stock (the "Common Stock") Item 2(e) CUSIP Number: 708062104 - ----------------------------------------------------------- Item 3. Type of Person Filing: UBS AG is classified as a Bank as defined in section 3(a)(6) of the Act pursuant to no action relief granted by the staff of the Securities and Exchange Commission. UBS Americas Inc. is the parent holding company of UBS Global AM. UBS Global AM is an Investment Adviser registered under section 203 of the Investment Advisers Act of 1940. - ----------------------------------------------------------- Item 4 (a)-(c)(iv). Ownership: Incorporated by reference to Items 5-11 of the cover pages. Page 5 of 9 pages - ----------------------------------------------------------- Cusip 708062104 - ----------------------------------------------------------- Item 5. Ownership of Five Percent or Less of a Class: If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following / /. - ----------------------------------------------------------- Item 6. Ownership of More than Five Percent on Behalf of Another Person: Accounts managed on a discretionary basis by UBS AG and UBS Global AM have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Stock. To the best of our knowledge, no account holds more than 5 percent of the outstanding Common Stock. - ----------------------------------------------------------- Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company: Identification: UBS Global Asset Management (Americas) Inc. Classification: IA In addition to UBS, UBS Americas, Inc., and UBS Global AM, the following UBS affiliates and subsidiaries are part of the UBS Global Asset Management business group included in this filing: UBS Global Asset Management (US) Inc., UBS Global Asset Management Trust Company, UBS Global Asset Management International Limited, UBS Global Asset Management (Canada) Co., UBS International, Inc., UBS Global Asset Management (Australia) Ltd., UBS Global Asset Management (Hong Kong) Limited, UBS (Trust & Banking) Limited, UBS Global Asset Management (Japan) Ltd., UBS Global Asset Management (Singapore) Ltd., UBS Global Asset Management (Taiwan) Ltd., UBS Global Asset Management (France) SA, UBS Global Asset Management (Deutschland) GmbH, UBS Global Asset Management (Italia) Sim Spa, UBS Espana S.A., UBS Global Asset Management (UK) Ltd. Page 6 of 9 pages - ----------------------------------------------------------- Cusip 708062104 - ----------------------------------------------------------- Item 8 Identification and Classification of Members of the Group: UBS Global AM is a wholly-owned subsidiary of UBS Americas Inc. which is a wholly-owned subsidiary of UBS AG. UBS AG is reporting direct and indirect beneficial ownership of holdings. UBS Americas Inc. is reporting indirect beneficial ownership of holdings by reason of its ownership of UBS Global AM. None of the reporting persons affirms the existence of a group within the meaning of Rule 13d-5(b)1). - ----------------------------------------------------------- Item 9 Notice of Dissolution of Group: Not Applicable - ----------------------------------------------------------- Item 10 Certification: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. - ----------------------------------------------------------- SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: October 5, 2007 UBS AG By: /s/ Thomas Madsen Thomas Madsen, Member GMB By: /s/ Kai Sotorp Kai Sotorp, Member GMB Page 7 of 9 pages - ----------------------------------------------------------- Cusip 708062104 - ----------------------------------------------------------- UBS Americas Inc. By: /s/ Thomas Madsen Thomas Madsen, Member GMB By: /s/ Kai Sotorp Kai Sotorp, Member GMB UBS Global Asset Management (Americas) Inc. By: /s/Mark F. Kemper Mark F. Kemper Executive Director By: /s/Michael J. Calhoun Michael J. Calhoun Assistant Secretary Page 8 of 9 pages - ----------------------------------------------------------- Cusip 708062104 - ----------------------------------------------------------- AGREEMENT TO MAKE A JOINT FILING UBS AG, UBS Americas Inc., and UBS Global Asset Management (Americas) Inc. each agrees that this Schedule 13G (including all amendments hereto) is filed by and on behalf of each such party. Date: October 5, 2007 UBS AG By: /s/ Thomas Madsen Thomas Madsen, Member GMB By: /s/ Kai Sotorp Kai Sotorp, Member GMB UBS Americas Inc. By: /s/ Thomas Madsen Thomas Madsen, Member GMB By: /s/ Kai Sotorp Kai Sotorp, Member GMB UBS Global Asset Management (Americas) Inc. By: /s/Mark F. Kemper Mark F. Kemper Executive Director By: /s/Michael J. Calhoun Michael J. Calhoun Assistant Secretary Page 9 of 9 pages -----END PRIVACY-ENHANCED MESSAGE-----