Financing ·
Palmer Square Capital BDC Inc. completed the refinancing of a $300.00 million term debt securitization through its…
PSBDPalmer Square Capital BDC Inc.
Palmer Square Capital BDC Inc. completed the refinancing of a $300.00 million term debt securitization through its subsidiary, Palmer Square BDC CLO 1, Ltd., which issued $228.00 million in AAA Class A-R Notes due 2039 and $72.00 million in AA Class B-R Notes due 2039. The transaction functions as long-term balance sheet financing for portfolio investments. Palmer Square Capital BDC Inc. operates in the business development company sector, providing financing to middle-market companies.