Palmer Square Prices First CLO Issued From its Newly-Public BDC ("PSBD") [Yahoo! Finance]
Palmer Square Capital BDC Inc. (PSBD)
Company Research
Source: Yahoo! Finance
with its affiliates, "Palmer Square"), a credit-focused asset management firm with over $30 billion in assets, has announced the pricing of Palmer Square BDC CLO 1, a $400.5 million collateralized loan obligation ("CLO"). The vehicle is secured by broadly syndicated loans held by Palmer Square Capital BDC Inc. (NYSE: PSBD) and will be managed by Palmer Square Capital BDC Inc. Palmer Square BDC CLO 1 is the first CLO transaction to be issued out of New York Stock Exchange-traded PSBD, which invests meaningfully in broadly syndicated loans as part of its opportunistic credit / total return investment strategy. With the pricing of this CLO, the Palmer Square platform is actively managing 46 CLOs outstanding, totaling over $20 billion in assets (as of 4/8/24). The deal was arranged by Bank of America and has a 5-year reinvestment period running through July 15, 2029, and a final maturity of July 15, 2037. Palmer Square has issued 71 CLO transactions since inception. Year to date, Palmer
Show less
Read more
Impact Snapshot
Event Time:
PSBD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PSBD alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PSBD alerts
High impacting Palmer Square Capital BDC Inc. news events
Weekly update
A roundup of the hottest topics
PSBD
News
- Palmer Square Capital BDC Inc. (PSBD) Upgraded to Strong Buy: What Does It Mean for the Stock? [Yahoo! Finance]Yahoo! Finance
- Palmer Square Prices Over $1.8 Billion in CLOs Setting the Market [Yahoo! Finance]Yahoo! Finance
- Palmer Square Prices Over $1.8 Billion in CLOs Setting the MarketBusiness Wire
- Palmer Square Capital BDC Inc. (NYSE:PSBD) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Palmer Square Capital BDC Inc. Announces First Quarter 2024 Financial Results and Declares Second Quarter 2024 Base Dividend Distribution of $0.42 Per Share [Yahoo! Finance]Yahoo! Finance
PSBD
Earnings
- 5/7/24 - Beat
PSBD
Sec Filings
- 5/7/24 - Form 8-K
- 5/7/24 - Form 10-Q
- 4/26/24 - Form 8-K
- PSBD's page on the SEC website