---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-009549"
form_type: "8-K"
ticker: "PSBD"
cik: "0001794776"
company_name: "Palmer Square Capital BDC Inc."
filed_at: "2023-02-09T23:59:59+00:00"
generated_at: "2026-06-19T20:44:17.104694+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# Palmer Square BDC amends credit facility to replace LIBOR with SOFR; no material change to terms

## Summary
- Amended senior secured revolving credit facility to reference SOFR instead of LIBOR as benchmark rate.
- Removed LIBOR transition language from the credit agreement.
- Acknowledged assignment of collateral administrator role to U.S. Bank Trust Company, National Association.
- No change to total commitments, interest rate spread, or other economic terms; no new borrowings reported.

## SEC filing metadata
- accession: 0001213900-23-009549
- form_type: 8-K
- ticker: PSBD
- cik: 0001794776
- company_name: Palmer Square Capital BDC Inc.
- filed_at: 2023-02-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1794776/000121390023009549/0001213900-23-009549-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1794776/000121390023009549/ea173008-8k_palmer.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-009549
- JSON: https://secwatch.observer/filing/0001213900-23-009549.json
- Plain text: https://secwatch.observer/filing/0001213900-23-009549.txt

## Key facts
- Material Agreements
  Palmer Square Capital BDC Inc. amended Credit Facility Amendment with Bank of America, N.A., as administrative agent and as lender, and BofA Securities, Inc., as sole lead arranger and sole book manager (effective 2023-02-03).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Bank of America, N.A., as administrative agent and as lender, and BofA Securities, Inc., as sole lead arranger and sole book manager
  - Effective: 2023-02-03
  source text: On February 3, 2023, Palmer Square BDC Funding I LLC (“Funding”), a wholly owned subsidiary of Palmer Square Capital BDC Inc. (the “Company”), entered into an omnibus amendment (the “Credit Facility Amendment”) to its senior, secured revolving credit facility (the “Credit Facility”) with Bank of America, N.A., as administrative agent and as lender, and BofA Securities, Inc., as sole lead arranger and sole book manager.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1794776/000121390023009549/0001213900-23-009549-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.