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Palmer Square Capital BDC

Palmer Square Capital BDC Inc. (the “Company”) is a financial services company that primarily lends to and invests in corporate debt securities of privately held companies, including small to large private U.S. companies. The Company was organized as a Maryland corporation on August 26, 2019 and is structured as an externally managed, non-diversified closed-end management investment company. The Company has elected to be regulated as a business development company (“BDC”) under the Investment Company Act of 1940, as amended (the “1940 Act”) and, beginning with its taxable year ending December 31, 2020, the Company intends to elect to be treated as a regulated investment company (“RIC”) under Subchapter M of the Internal Revenue Code of 1985, as amended (the “Code”). The Company commenced operations on January 23, 2020. Palmer Square BDC Funding I, LLC (“PS BDC Funding”) was formed on January 21, 2020 and entered into a senior, secured revolving credit facility with BofA N.A. Palmer Square BDC Funding II LLC (“PS BDC Funding II”) was formed on September 8, 2020 and entered into a senior, secured credit facility with Wells Fargo, National Association.

Company profile

Employees
Incorporated
Location
Fiscal year end
SEC CIK
Subsidiaries
Palmer Square BDC Funding I LLC • Palmer Square BDC Funding II LLC ...
IRS number
843665200

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

13 Aug 21
28 Oct 21
31 Dec 21
Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
1 Oct 21 Caravel Common Stock Buy Acquire P No No 20.7 2,415,458.94 50M 3,983,289.83
1 Oct 21 Alaris Master Fund Common Stock Buy Acquire P No No 20.7 1,207,729.47 25M 2,804,392.74
Content analysis
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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. junior Avg
New words: LBM, Merger