secwatch.observer — SEC 8-K summary
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Issuer:     Palmer Square Capital BDC Inc. (PSBD)
CIK:        0001794776
Form:       8-K
Filed at:   2023-04-13T23:59:59+00:00
Accession:  0001213900-23-029505
Event type: debt
Sentiment:  neutral
Materiality: 0.20
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Palmer Square BDC amends credit facility to replace LIBOR with SOFR and change collateral agent
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- Amendment No. 3 to $150M credit facility signed April 10, 2023 references SOFR instead of LIBOR.
- U.S. Bank Trust Company, National Association replaces U.S. Bank National Association as collateral agent.
- LIBOR transition language removed from the Loan and Security Agreement.
- No change in facility size, interest spread, or maturity disclosed; no new advances made.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1794776/000121390023029505/0001213900-23-029505-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1794776/000121390023029505/ea176890-8k_palmersqu.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-029505

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