Date | Price Target | Rating | Analyst |
---|---|---|---|
4/22/2024 | $17.50 | Neutral | Janney |
Janney initiated coverage of Palmer Square Capital BDC with a rating of Neutral and set a new price target of $17.50
4 - Palmer Square Capital BDC Inc. (0001794776) (Issuer)
Notable issuances include debut CLO from Palmer Square's publicly traded BDC and a benchmark setting US Static and European CLO issuancePalmer Square has issued 7 CLOs in 2024 and the largest BSL CLO deal of the yearPalmer Square Capital Management ("Palmer Square"), a credit-focused asset management firm with over $30.0 billion in assets, is pleased to announce over $1.8 billion of CLO issuances across three benchmark transactions within the past week.Palmer Square priced Palmer Square Loan Funding 2024-3, a $1.0 billion static collateralized loan obligation ("CLO") primarily composed of broadly syndicated first lien senior secured loans. Palmer Square significantly upsized this transaction
Janney Montgomery Scott analyst John Rowan initiates coverage on Palmer Square Capital BDC (NYSE:PSBD) with a Neutral rating and announces Price Target of $17.5.
comprised of a quarterly base distribution of $0.42 per share and a first quarter 2024 supplemental dividend of $0.07 per share. The supplemental dividend will be paid out of the excess of Palmer Square's quarterly undistributed net investment income above the base quarterly distribution amount of $0.42 per share.
8-K - Palmer Square Capital BDC Inc. (0001794776) (Filer)
40-17G - Palmer Square Capital BDC Inc. (0001794776) (Filer)
8-K - Palmer Square Capital BDC Inc. (0001794776) (Filer)
4 - Palmer Square Capital BDC Inc. (0001794776) (Issuer)
Declares Third Quarter 2024 Base Dividend of $0.42 Per Share with Supplemental Dividend Expected to be Announced in September Palmer Square Capital BDC Inc. (NYSE:PSBD) ("PSBD" or the "Company"), an externally managed business development company, today announced its financial results for the second quarter ended June 30, 2024. Financial and Operating Highlights Total investment income of $36.5 million for the second quarter of 2024, compared to $27.4 million for the prior year period Net investment income of $15.8 million or $0.48 per share for the second quarter of 2024, as compared to $14.2 million or $0.56 per share for the comparable period last year Net asset value of $16
Palmer Square Capital BDC Inc. (NYSE:PSBD) ("Palmer Square" or the "Company"), an externally managed business development company, today announced that it will release its financial results for the second quarter ended June 30, 2024, before the market opens on Thursday, August 8, 2024. Palmer Square will host a conference call at 1:00 pm ET that day to review its financial performance and conduct a question-and-answer session. To participate in the earnings call, participants should register online at the Palmer Square Investor Relations website. To avoid potential delays, please join at least 10 minutes prior to the start of the call. The conference call can be accessed through the follo
Palmer Square Capital BDC Inc. (NYSE:PSBD) ("Palmer Square" or the "Company"), an externally managed business development company, today announced that its Board of Directors has declared a second quarter 2024 supplemental dividend of $0.05 per share. Shareholders of record as of June 28, 2024 will receive the supplemental dividend, payable on July 16, 2024. The supplemental dividend will be paid out of the excess of the Company's quarterly undistributed net investment income, above the second quarter 2024 base dividend of $0.42 per share, payable on July 16, 2024 to shareholders of record as of June 28, 2024. About Palmer Square Capital BDC Inc. Palmer Square Capital BDC Inc. (NYSE:PSB
Palmer Square is excited to announce the hiring of Courtney Cytryn as an Executive Director based in New York. Courtney brings extensive business development experience to the firm. Given her depth of experience, Courtney is focused on further enhancing the firm's relationships within institutional asset management and investment banking with a particular focus on our Business Development Company ("BDC") and upcoming ETF platforms. According to Christopher D. Long, Founder, CEO and Chairman of Palmer Square Capital Management, "We are thrilled to welcome Courtney to our firm. Not only does she bring a deep background in institutional asset management which is invaluable, she also adds add
Top global CLO issuer introduces active Credit Opportunities ETF (PSQO) and passive CLO Senior Debt ETF (PSQA) MISSION WOODS, Kan., Sept. 11, 2024 /PRNewswire/ -- Palmer Square Capital Management ("Palmer Square") a credit-focused alternative asset management firm founded in 2009 with over $32 billion in assets under management, is announcing the launch of two innovative exchange traded funds (ETFs). Palmer Square's new ETFs include The Palmer Square Credit Opportunities ETF (PSQO), an actively managed multi-asset credit strategy and The Palmer Square CLO Senior Debt ETF (PSQA), an indexed collateralized loan obligation (CLO) focused fund providing access to the broader universe of AAA and
Palmer Square is excited to announce the hiring of Courtney Cytryn as an Executive Director based in New York. Courtney brings extensive business development experience to the firm. Given her depth of experience, Courtney is focused on further enhancing the firm's relationships within institutional asset management and investment banking with a particular focus on our Business Development Company ("BDC") and upcoming ETF platforms. According to Christopher D. Long, Founder, CEO and Chairman of Palmer Square Capital Management, "We are thrilled to welcome Courtney to our firm. Not only does she bring a deep background in institutional asset management which is invaluable, she also adds add
Declares Third Quarter 2024 Base Dividend of $0.42 Per Share with Supplemental Dividend Expected to be Announced in September Palmer Square Capital BDC Inc. (NYSE:PSBD) ("PSBD" or the "Company"), an externally managed business development company, today announced its financial results for the second quarter ended June 30, 2024. Financial and Operating Highlights Total investment income of $36.5 million for the second quarter of 2024, compared to $27.4 million for the prior year period Net investment income of $15.8 million or $0.48 per share for the second quarter of 2024, as compared to $14.2 million or $0.56 per share for the comparable period last year Net asset value of $16
SC 13G/A - Palmer Square Capital BDC Inc. (0001794776) (Subject)