other material
confidence high
sentiment neutral
materiality 0.65
Palmer Square Capital BDC enters ATM equity distribution agreement for up to $100M common stock
Palmer Square Capital BDC Inc.
- Up to $100M of common stock offered through RBC Capital Markets as sales agent under an equity distribution agreement.
- Commission of up to 1% of gross sales price payable to RBC; certain compensation may be borne by the Adviser.
- Proceeds to fund investments per investment objectives, general corporate purposes, or repay revolving credit facilities.
- Shares may not be sold below NAV per share without stockholder approval.