Palmer Square Capital BDC resets USD 300 million CLO term debt securitization due 2039
PSBD•Risk retention
The company retained 100% of the subordinated notes under U.S. and EU/UK risk-retention rules.
Refinancing of Palmer Square BDC CLO 1
Palmer Square Capital BDC refinanced a USD 300 million term debt securitization for Palmer Square BDC CLO 1 on July 15, 2026.
- The issuer sold USD 228 million of AAA Class A-R Notes due 2039 at Term SOFR + 1.28%.
- It also sold USD 72 million of AA Class B-R Notes due 2039 at Term SOFR + 1.75%.
- BofA Securities bought the secured notes under a refinancing note purchase agreement.
