Palmer Square Capital BDC prices $300M CLO refinancing, lowers senior debt spreads

Filed June 18, 2026 · Period ending June 18, 2026 · ~1 min read

Key Changes

• high

  PSBD priced a $300M CLO refinancing through subsidiary Palmer Square BDC CLO 1, consisting of $228M AAA notes at Term SOFR plus 1.28% and $72M AA notes at Term SOFR plus 1.75%, expected to close July 15, 2026.

  Item 7.01 — Regulation FD Disclosure verify on EDGAR →
• medium

  The refinancing extends maturity to July 15, 2039, approximately 13 years beyond the original May 2024 closing date, improving the company's long-term debt profile.

  Item 7.01 — Regulation FD Disclosure verify on EDGAR →
• medium

  Notes are secured by a diversified portfolio of senior secured loans with flexibility for second lien loans, corporate bonds, and DIP financing; PSBD retains 100% of subordinated notes and continues as collateral manager.

  Item 7.01 — Regulation FD Disclosure verify on EDGAR →