Financing ·
Palmer Square BDC Funding I LLC, a wholly owned subsidiary of Palmer Square Capital BDC Inc., issued a Commitment…
PSBDPalmer Square Capital BDC Inc.
Palmer Square BDC Funding I LLC, a wholly owned subsidiary of Palmer Square Capital BDC Inc., issued a Commitment Reduction Notice to reduce its aggregate credit facility commitments from $525 million to $350 million. The reduction, effective July 1, 2026, was executed under a credit facility with Bank of America, N.A. acting as administrative agent. The company intends to use this reduction to lower commitment fees on unused capacity while maintaining sufficient liquidity for portfolio growth. Palmer Square Capital BDC Inc. is a business development company that provides financing to middle market companies.