Palmer Square European Loan Funding 2024-1: 07 April 2024
The assets securing the Notes will consist of a portfolio of primarily Senior Secured Loans, Senior Secured Bonds, Unsecured Senior Loans, Second Lien Loans, Mezzanine Obligations and High Yield Bonds, and will be managed by Palmer Square Europe Capital Management LLC.
The net proceeds from the Notes have been used to purchase a static pool of primarily Secured Senior Loans and Bonds, with a target par of EUR450 million. The transaction does not feature a reinvestment period and discretionary sales are not permitted.