---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-097391"
form_type: "8-K"
ticker: "PSBD"
cik: "0001794776"
company_name: "Palmer Square Capital BDC Inc."
filed_at: "2023-12-20T23:59:59+00:00"
generated_at: "2026-06-07T09:57:45.437249+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Palmer Square BDC subsidiary increases credit facility to $175M, extends maturity to 2028

## Summary
- Facility amount increased from $150M to $175M on December 18, 2023.
- Maturity extended from December 18, 2025 to December 18, 2028.
- Reinvestment period end date extended from December 18, 2023 to December 18, 2026.
- Borrower is wholly owned subsidiary Palmer Square BDC Funding II LLC; Wells Fargo is administrative agent.
- Amendment No. 4 to Loan and Security Agreement with U.S. Bank as collateral agent and custodian.

## SEC filing metadata
- accession: 0001213900-23-097391
- form_type: 8-K
- ticker: PSBD
- cik: 0001794776
- company_name: Palmer Square Capital BDC Inc.
- filed_at: 2023-12-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1794776/000121390023097391/0001213900-23-097391-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1794776/000121390023097391/ea190351-8k_palmersquare.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-097391
- JSON: https://secwatch.observer/filing/0001213900-23-097391.json
- Plain text: https://secwatch.observer/filing/0001213900-23-097391.txt

## Key facts
- Debt Financings
  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
  source text: 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).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1794776/000121390023097391/0001213900-23-097391-index.htm
- Material Agreements
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1794776/000121390023097391/0001213900-23-097391-index.htm

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