Palmer Square Capital BDC Refinances $300M CLO Debt

Palmer Square Capital BDC Inc. announced the pricing of a $300.00 million term debt securitization refinancing, known as the CLO Reset Transaction, through its indirect subsidiary Palmer Square BDC CLO 1, Ltd. The transaction, expected to close on July 15, 2026, involves the private placement of $228.00 million in AAA Class A Notes and $72.00 million in AA Class B Notes. The company will continue to serve as collateral manager and retain 100% of the subordinated notes, with the new notes scheduled to mature on July 15, 2039.