Palmer Square Capital BDC Inc. Files 2024 10-K
Ticker: PSBD · Form: 10-K · Filed: Feb 27, 2025 · CIK: 1794776
| Field | Detail |
|---|---|
| Company | Palmer Square Capital Bdc Inc. (PSBD) |
| Form Type | 10-K |
| Filed Date | Feb 27, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, debt-investments, bdc
TL;DR
Palmer Square Capital BDC Inc. 2024 10-K filed. Shows diverse debt investments like Barracuda Networks (9.88% rate, 2029 maturity).
AI Summary
Palmer Square Capital BDC Inc. filed its 2024 10-K on February 27, 2025, reporting on its fiscal year ending December 31, 2024. The company's investments include significant debt holdings such as First Lien Senior Secured debt in Barracuda Networks, Inc. with a 9.88% interest rate maturing in August 2029, and in Autokiniton US Holdings, Inc. with an 8.47% interest rate. The filing also details a Wells Fargo Credit Facility and various other debt investments.
Why It Matters
This filing provides investors with a comprehensive overview of Palmer Square Capital BDC Inc.'s financial health, investment portfolio, and risk factors for the fiscal year 2024.
Risk Assessment
Risk Level: medium — The company's risk level is medium due to its focus on debt investments, which are subject to interest rate fluctuations and borrower default.
Key Numbers
- 9.88% — Interest Rate (Palmer Square's investment in Barracuda Networks, Inc. debt)
- 8/15/2029 — Maturity Date (Palmer Square's investment in Barracuda Networks, Inc. debt)
- 8.47% — Interest Rate (Palmer Square's investment in Autokiniton US Holdings, Inc. debt)
Key Players & Entities
- Palmer Square Capital BDC Inc. (company) — Filer of the 10-K
- Barracuda Networks, Inc. (company) — Investment in First Lien Senior Secured debt
- 9.88% (dollar_amount) — Interest rate for Barracuda Networks, Inc. debt
- 8/15/2029 (date) — Maturity date for Barracuda Networks, Inc. debt
- Autokiniton US Holdings, Inc. (company) — Investment in First Lien Senior Secured debt
- 8.47% (dollar_amount) — Interest rate for Autokiniton US Holdings, Inc. debt
- Wells Fargo (company) — Provider of a Credit Facility
FAQ
What is the total value of Palmer Square Capital BDC Inc.'s debt investments as of December 31, 2024?
The provided text does not contain the total value of the company's debt investments as of December 31, 2024. It lists specific examples of debt investments.
What is the interest rate and maturity date for the debt investment in Ahead DB Holdings, LLC?
The interest rate for Ahead DB Holdings, LLC is 7.83% (S + 3.50%) and the maturity date is 2/1/2031.
What is the interest rate and maturity date for the CLO Mezzanine GOST 2024-1A E investment?
The interest rate for CLO Mezzanine GOST 2024-1A E is 11.12% (S + 6.50%) and the maturity date is 4/20/2033.
What is the nature of the investment in LBM Acquisition, LLC?
Palmer Square Capital BDC Inc. holds a First Lien Senior Secured debt investment in LBM Acquisition, LLC with an interest rate of 8.30% (S + CSA + 3.75%) and a maturity date of 6/6/2031.
When was the 10-K filing submitted to the SEC?
The 10-K filing was submitted to the SEC on February 27, 2025.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on February 27, 2025 regarding Palmer Square Capital BDC Inc. (PSBD).