Palmer Square BDC completes $400.5M CLO securitization with $232M Class A notes

Palmer Square Capital BDC Inc.

Completed $400.5M term debt securitization (CLO) via wholly-owned subsidiary Palmer Square BDC CLO 1, Ltd.
Issued $232M Class A notes (Term SOFR+1.60%), $58M Class B-1 (Term SOFR+2.15%), $10M Class B-2 (fixed 6.33%) due 2037.
Issued $100.5M subordinated notes (residual, no interest) acquired entirely by Palmer Square Capital BDC.
Company waived collateral management fees; CLO backed by diversified senior secured loan portfolio.
Notes redeemable at Issuer's option on/after July 15, 2026; maturity July 15, 2037.

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