---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-046305"
form_type: "8-K"
ticker: "PSBD"
cik: "0001794776"
company_name: "Palmer Square Capital BDC Inc."
filed_at: "2024-05-23T23:59:59+00:00"
generated_at: "2026-06-01T09:18:17.133599+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-24-046305
- form_type: 8-K
- ticker: PSBD
- cik: 0001794776
- company_name: Palmer Square Capital BDC Inc.
- filed_at: 2024-05-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1794776/000121390024046305/0001213900-24-046305-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1794776/000121390024046305/ea0206724-8k_palmersquare.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-046305
- JSON: https://secwatch.observer/filing/0001213900-24-046305.json
- Plain text: https://secwatch.observer/filing/0001213900-24-046305.txt

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