Pearl Diver Cr Co

The company today announced the closing of its previously announced public offering of 1,200,000 shares of its 8.00% Series A Preferred Stock Due 2029 (the “Preferred Shares”) at a public offering price of $25.00 per share.

The Company intends to use the proceeds from the offering to acquire investments in accordance with the investment objectives and strategies described in the prospectus relating to this offering and for general working capital purposes. The Preferred Shares will begin trading on the New York Stock Exchange under the symbol “PDPA” on December 20, 2024. As of 2024-12-18, the Fund’s leverage was None% and Collateralized Loan Obligation Group leverage was 27.1%.

2024-12-19T00:00:00-05:00December 19th, 2024|

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