secwatch / observer
8-K filed December 20, 2023, 6:59 PM ET ticker PSBD CIK 0001794776
debt confidence high sentiment neutral materiality 0.55

Palmer Square Capital BDC Inc. (PSBD): debt financing — Palmer Square BDC subsidiary increases credit facility to $175M, extends maturity to 2028

Palmer Square Capital BDC Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Palmer Square Capital BDC Inc. amended credit facility of increase the facility amount from $150,000,000 to $175,000,000 with Wells Fargo Bank, National Association maturing December 18, 2028.

Instrument
credit facility
Principal
increase the facility amount from $150,000,000 to $175,000,000
Counterparty
Wells Fargo Bank, National Association
Maturity
December 18, 2028
Event
amendment
Exact text from the filing
The Credit Facility Amendment amends the Credit Facility to, among other things: (i) increase the facility amount from $150,000,000 to $175,000,000, (ii) extend the facility maturity date from December 18, 2025 to December 18, 2028 and (iii) extend the reinvestment period end date from December 18, 2023 to December 18, 2026 (subject to other provisions of the Credit Facility).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Palmer Square Capital BDC Inc. amended Credit Facility Amendment with Wells Fargo Bank, National Association valued at $175,000,000 (effective 2023-12-18).

Action
amendment
Agreement
credit facility
Counterparty
Wells Fargo Bank, National Association
Value
$175,000,000
Effective
2023-12-18
Exact text from the filing
On December 18, 2023, Palmer Square BDC Funding II LLC (“Funding”), a wholly owned subsidiary of Palmer Square Capital BDC Inc. (the “Company”), entered into Amendment No. 4 (the “Credit Facility Amendment”) to its credit facility (the “Credit Facility”) with Wells Fargo Bank, National Association, as administrative agent and as lender
View on SEC.gov

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Palmer Square Capital BDC Inc. filing history →

Source: SEC EDGAR
accession 0001213900-23-097391
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