Palmer Square Capital BDC Inc. filings document material-event disclosures for an externally managed business development company focused on corporate debt loans and related debt securities. Recent Form 8-K reports furnish quarterly and annual operating results, supplemental investor presentations, net investment income, net asset value, portfolio metrics and dividend declarations.
The company’s regulatory disclosures also identify PSBD as a non-diversified closed-end management investment company regulated as a BDC under the Investment Company Act of 1940. Filing exhibits describe its adviser relationship with Palmer Square BDC Advisor LLC, its investment focus in broadly syndicated loans and direct large-cap private credit, and recurring disclosures on common stock NAV estimates and distributions.
Palmer Square Capital BDC Inc. insider activity shows net buying. Entities associated with 10% owner Martin C. Bicknell, specifically MCHC, LLC, purchased a total of 61,484 shares of Common Stock in open-market transactions.
MCHC, LLC bought 40,000 shares at a weighted average price of $10.56 on July 6, 2026 and 21,484 shares at a weighted average price of $10.47 on July 7, 2026. After these trades, MCHC, LLC held 373,472 shares indirectly for Bicknell, while previously reported indirect holdings also include 1,562,896 shares via 1248 Holdings, LLC and 1,391,817 shares via BFFV, LLC.
Palmer Square Capital BDC Inc. insider activity: Martin C. Bicknell, a ten percent owner, reported that MCHC, LLC, of which he is the sole member, bought 40,000 shares of common stock on July 1, 2026 at a weighted average price of $10.57 and another 40,000 shares on July 2, 2026 at a weighted average price of $10.55 in open-market purchases. Following these trades, MCHC, LLC held 311,988 shares. The filing also shows Bicknell’s indirect beneficial ownership of 1,562,896 shares through 1248 Holdings, LLC and 1,391,817 shares through BFFV, LLC, which were previously reported and are restated here to present his total beneficial ownership after these purchases.
Palmer Square Capital BDC Inc. ownership disclosure: Alaris Master Fund LP and Alaris Capital, LLC each report beneficial ownership of 1,518,222 shares of common stock, representing 4.9% of the class. The filing is an Amendment No. 4 to a Schedule 13G/A and is signed by Hunter Armistead as Chief Investment Officer on 07/02/2026.
Palmer Square Capital BDC Inc. insider activity centers on indirect open-market buying. Entities associated with major holder Martin C. Bicknell, notably MCHC, LLC, purchased a total of 46,988 shares of common stock in open-market transactions at prices around $10.79–$10.87 per share.
Following these buys, MCHC, LLC held 231,988 shares indirectly on behalf of Bicknell. Separate lines disclose previously reported indirect holdings of 1,562,896 shares by 1248 Holdings, LLC and 1,391,817 shares by BFFV, LLC, reflecting his total beneficial ownership through multiple controlled entities.
Palmer Square Capital BDC Inc. insider Martin C. Bicknell filed an initial Form 3 reporting his beneficial ownership of the company’s common stock as a ten percent owner. The filing shows only existing holdings, not new purchases or sales.
The shares are held indirectly through three LLCs. MCHC, LLC holds 185,000 shares of common stock, BFFV, LLC holds 1,391,817 shares, and 1248 Holdings, LLC holds 1,562,896 shares. Footnotes state Mr. Bicknell controls or manages these entities and may be deemed to beneficially own the shares they hold.
Palmer Square Capital BDC Inc., through its wholly owned subsidiary Palmer Square BDC Funding I LLC, reduced aggregate commitments under its revolving credit facility to $350 million from $525 million.
The change was made under existing terms of the facility with Bank of America and other lenders, and no other provisions were amended. The reduction became effective on July 1, 2026. Because the SPV pays commitment fees on unused capacity, this lower commitment is expected to cut those fees while still leaving what the company views as an appropriate level of unused borrowing capacity to support future portfolio growth.
Palmer Square Capital BDC Inc. declared a second quarter 2026 supplemental dividend of $0.03 per share. This payment is in addition to the previously declared second quarter 2026 base dividend of $0.36 per share.
Both the supplemental and base dividends are payable on July 13, 2026 to shareholders of record as of June 26, 2026. The supplemental dividend will be funded from the excess of the company’s quarterly undistributed net investment income over the base dividend amount.
Palmer Square Capital BDC Inc. is refinancing a $300.00 million term debt securitization through its wholly owned indirect subsidiary, Palmer Square BDC CLO 1, Ltd. The CLO reset, executed via private placement, is expected to close on July 15, 2026.
The Issuer will offer $228.00 million of AAA Class A Notes bearing interest at Term SOFR plus 1.28% and $72.00 million of Class B Notes bearing interest at Term SOFR plus 1.75%. The notes will be secured by a diversified portfolio of primarily senior secured loans and related instruments.
The Company will continue as collateral manager and will retain 100% of the subordinated notes in line with U.S. risk retention and EU/UK securitization rules. The Palmer Square BDC CLO 1 Notes are expected to mature on July 15, 2039 and will be issued under an existing indenture, as amended by a supplemental indenture on the refinancing date.
Palmer Square Capital BDC Inc. filed an update reporting management’s unaudited estimate of its net asset value (NAV) per share. As of May 31, 2026, the estimated NAV for its common stock was $13.63 per share.
The company’s common stock, par value $0.001 per share, trades on the New York Stock Exchange under the symbol PSBD. The update was provided as an Item 8.01 "Other Events" disclosure.
Palmer Square Capital BDC Inc. Amendment No. 3 to a joint Schedule 13G/A was filed to correct the reporting entity and restate beneficial ownership figures for related holders and Mr. Martin C. Bicknell. The filing reports 31,120,814 shares outstanding as of May 5, 2026.
The amended statement shows 1248 Holdings, LLC with 1,562,896 shares (5.02%), BFFV, LLC with 1,391,817 shares (4.47%), MCHC, LLC with 185,000 shares (0.59%), and Martin C. Bicknell deemed to beneficially own 3,139,713 shares (10.09%) through indirect interests. The amendment states it solely corrects an administrative entity name; no other changes were made.