secwatch.observer — SEC 8-K summary
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Issuer:     Palmer Square Capital BDC Inc. (PSBD)
CIK:        0001794776
Form:       8-K
Filed at:   2026-07-15T20:52:32+00:00
Accession:  0001213900-26-078363
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Palmer Square BDC completes $300M CLO reset, issues $228M Class A-R and $72M Class B-R notes due 2039
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- Refinanced $300M term debt securitization via CLO reset; issued $228M AAA Class A-R notes at SOFR+1.28% and $72M AA Class B-R notes at SOFR+1.75%, both due 2039.
- Company retains 100% of subordinated notes; waived all collateral management fees.
- Notes purchased by BofA Securities; proceeds used for long-term balance sheet financing of portfolio investments.
- Transaction is subject to regulatory asset coverage requirement; notes are secured obligations of the issuer.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1794776/000121390026078363/0001213900-26-078363-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1794776/000121390026078363/ea0298073-8k_palmer.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-078363

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