Palmer Square Capital BDC Inc. reports recurring developments as an externally managed, non-diversified closed-end management investment company that has elected regulation as a business development company under the Investment Company Act of 1940. The company primarily lends to and invests in corporate debt loans, including large private U.S. companies in the broadly syndicated loan market and the direct large-cap private credit market, with additional exposure to other debt securities such as collateralized loan obligation debt and equity.
News about PSBD commonly covers quarterly and annual financial results, net investment income, net asset value, portfolio yield, senior secured loan exposure, non-accrual investments, leverage and total return. Updates also include base and supplemental dividend declarations, earnings-call announcements and portfolio composition across industries and portfolio companies.
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