Palmer Square Capital BDC (PSBD) Prices 5.45M Share IPO at $16.45/sh

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Palmer Square Capital BDC Inc. Prices Initial Public Offering

January 17, 2024 5:03 PM EST

MISSION WOODS, Kan., Jan. 17, 2024 /PRNewswire/ -- Palmer Square Capital BDC Inc. ("Palmer Square"), an externally managed business development company, today announced that it priced its initial public offering of 5,450,000 shares of its common stock at $16.45 per share, for anticipated gross proceeds of approximately $89.7 million. Palmer Square's shares of common stock are expected to begin trading on the New York Stock Exchange on January 18, 2024 under the symbol "PSBD." Palmer Square also... More