The Company announced the pricing of its upsized initial public offering of 2.2 million shares at $20 per share, which will result in net proceeds to the Company of approximately $44 million. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 330,000 shares of common stock to cover over-allotments, if any. The Company is a closed-end, registered fund that will trade on the New York Stock Exchange under the ticker “PDCC.” The offering is expected to close on July 19, 2024, subject to customary closing conditions.