0001213900-21-051444.txt : 20211005 0001213900-21-051444.hdr.sgml : 20211005 20211005162740 ACCESSION NUMBER: 0001213900-21-051444 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210929 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant FILED AS OF DATE: 20211005 DATE AS OF CHANGE: 20211005 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Palmer Square Capital BDC Inc. CENTRAL INDEX KEY: 0001794776 IRS NUMBER: 843665200 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 814-01334 FILM NUMBER: 211307008 BUSINESS ADDRESS: STREET 1: 1900 SHAWNEE MISSION PARKWAY STREET 2: SUITE 315 CITY: MISSION WOODS STATE: KS ZIP: 66205 BUSINESS PHONE: 816-994-3200 MAIL ADDRESS: STREET 1: 1900 SHAWNEE MISSION PARKWAY STREET 2: SUITE 315 CITY: MISSION WOODS STATE: KS ZIP: 66205 8-K 1 ea148429-8k_palmersquare.htm CURRENT REPORT

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

 

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of report (Date of earliest event reported): September 29, 2021

 

 

 

PALMER SQUARE CAPITAL BDC INC.

(Exact name of Registrant as Specified in Its Charter)

 

MARYLAND   814-01334   84-3665200

(State or Other Jurisdiction

of Incorporation)

 

(Commission File Number)

 

(IRS Employer

Identification No.)

 

1900 Shawnee Mission Parkway, Suite 315,

Mission Woods, KS

  66205
(Address of Principal Executive Offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (816) 994-3200

 

 

 

(Former Name or Former Address, if Changed Since Last Report)

 

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol   Name of each exchange on which registered
N/A   N/A   N/A

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b- 2 of the Securities Exchange Act of 1934.

 

Emerging growth company þ

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 1.01. Entry into a Material Definitive Agreement.

 

On September 29, 2021, Palmer Square BDC Funding I LLC (“Funding”), a wholly owned subsidiary of Palmer Square Capital BDC Inc. (the “Company”), entered into a second amendment (the “Second Credit Facility Amendment”) to its senior, secured revolving credit facility (the “Credit Facility”) with Bank of America, N.A., as administrative agent and as lender, and BofA Securities, Inc., as sole lead arranger and sole book manager.

 

The Second Credit Facility Amendment amends the Credit Facility to, among other things: (i) increase the financing limit under the Credit Facility from $475 million to $725 million, (ii) extend the maturity date to February 18, 2025 and (iii) update the London Interbank Offered Rate (“LIBOR”) transition language in the Credit Facility.

 

The description above is only a summary of the material provisions of the Second Credit Facility Amendment and is qualified in its entirety by reference to the text of the Second Credit Facility Amendment, which will be filed with the Company’s next periodic report.

 

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of Registrant.

 

The information contained in Item 1.01 of this current report on Form 8-K is incorporated by reference in this Item 2.03.

 

1 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, Palmer Square Capital BDC Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  PALMER SQUARE CAPITAL BDC INC.
     
Date: October 5, 2021 By: /s/ Jeffrey D. Fox
  Name: Jeffrey D. Fox
  Title: Chief Financial Officer