Palmer Square Capital BDC cuts credit facility to $350M from $525M to reduce fees

Filed June 25, 2026 · Period ending June 22, 2026 · ~1 min read

Key Changes

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  PSBD's subsidiary reduced its credit facility commitments by $175M (33%) to $350M, effective July 1, 2026, to lower commitment fees on unused borrowing capacity while maintaining flexibility for portfolio growth.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
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  The reduction was voluntary and permitted under the existing Bank of America facility terms, reflecting management's view that the prior $525M commitment exceeded near-term needs.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →