PSBD News & Events

Palmer Square Capital BDC announced that the company's board of directors authorized an increase and extension of the company's previously established open-market share repurchase program. Under the increased and extended Repurchase Program, the board of directors authorized the company to repurchase an additional $30M of shares of its common stock and extended the Repurchase Program to expire on June 22, 2027. Pursuant to the program, the company may, from time to time, purchase shares of its common stock in the open market, subject to market conditions and other factors. To date, approximately $22.2M of repurchases have been made by the company under the Repurchase Program.

Total investment income of $26.2 million for the first quarter of 2026, compared to $31.2 million for the prior year period. "Palmer Square Capital BDC reported solid financial results for the first quarter of 2026, demonstrating resilience amid the volatile macroeconomic backdrop impacting the sector," said Christopher D. Long, Chairman and Chief Executive Officer of PSBD. "We continue to observe stability across our underlying investments. As conditions are expected to continue to improve beyond April, we believe our portfolio is well positioned to deliver consistent performance while capitalizing on an increasingly attractive opportunity set and more favorable risk-adjusted spreads going forward."