tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Palmer Square Capital BDC Inc. Expands Credit Facility

Story Highlights
  • Palmer Square BDC Funding II LLC increased its credit facility to $200 million.
  • The amendment extends the maturity date to November 4, 2030, enhancing financial flexibility.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Palmer Square Capital BDC Inc. Expands Credit Facility

Meet Your ETF AI Analyst

Palmer Square Capital BDC Inc. ( (PSBD) ) just unveiled an announcement.

On November 4, 2025, Palmer Square Capital BDC Inc.‘s subsidiary, Palmer Square BDC Funding II LLC, amended its credit facility with Wells Fargo Bank and U.S. Bank, increasing the facility amount to $200 million and extending the maturity date to November 4, 2030. The amendment also adjusted the applicable spread and non-usage fee, potentially enhancing the company’s financial flexibility and operational capacity.

The most recent analyst rating on (PSBD) stock is a Hold with a $12.50 price target. To see the full list of analyst forecasts on Palmer Square Capital BDC Inc. stock, see the PSBD Stock Forecast page.

Spark’s Take on PSBD Stock

According to Spark, TipRanks’ AI Analyst, PSBD is a Neutral.

Palmer Square Capital BDC Inc.’s overall stock score reflects significant financial challenges, particularly in cash flow and profitability. The technical indicators suggest a bearish trend, while the valuation is mixed with a high P/E ratio but an attractive dividend yield. The earnings call provided some positive strategic insights, but concerns about income and portfolio value persist.

To see Spark’s full report on PSBD stock, click here.

More about Palmer Square Capital BDC Inc.

Average Trading Volume: 97,657

Technical Sentiment Signal: Sell

Current Market Cap: $390M

See more data about PSBD stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1