Dividend Announcement - Pearl Diver Credit Company Inc declared monthly dividends on its 8.00% Series A Term Preferred Stock Due 2029, with $0.2389 per share for January 2025 and $0.1667 per share for February, March, and April 2025 [1] - The distributions reflect an annual distribution rate of 8.00% of the $25 liquidation preference per share [2] Dividend Schedule - January dividend: $0.2389 per share, record date January 15, 2025, payment date January 31, 2025 [2] - February dividend: $0.1667 per share, record date February 14, 2025, payment date February 28, 2025 [2] - March dividend: $0.1667 per share, record date March 17, 2025, payment date March 31, 2025 [2] - April dividend: $0.1667 per share, record date April 16, 2025, payment date April 30, 2025 [2] Company Overview - Pearl Diver Credit Company Inc is an externally managed, non-diversified, closed-end management investment company [3] - Primary investment objective is to maximize portfolio total return, with a secondary objective of generating high current income [3] - Invests primarily in equity and junior debt tranches of CLOs collateralized by sub-investment grade, senior secured floating-rate debt issued by US companies across several industry sectors [3] - Externally managed by Pearl Diver Capital LLP [3]

Group 1 - Pearl Diver Credit Company Inc. announced the closing of a public offering of 1,200,000 shares of its 8.00% Series A Preferred Stock due 2029 at a price of $25.00 per share [1][2] - The proceeds from the offering will be used to acquire investments in line with the company's investment objectives and for general working capital [2] - The Preferred Shares will start trading on the New York Stock Exchange under the symbol "PDPA" on December 20, 2024 [2] Group 2 - Lucid Capital Markets, LLC, B. Riley Securities, Inc., and Kingswood Capital Partners, LLC served as joint book-running managers for the offering [3] - The company is an externally managed, non-diversified, closed-end management investment company focused on maximizing total return and generating high current income [6] - Pearl Diver Credit Company primarily invests in equity and junior debt tranches of CLOs backed by portfolios of sub-investment grade, senior secured floating-rate debt from various US companies across multiple sectors [6]

Core Viewpoint - Pearl Diver Credit Company Inc. has announced a public offering of 1,200,000 shares of its 8.00% Series A Preferred Stock due 2029, priced at $25 per share, aiming to raise approximately $28.8 million in net proceeds after expenses [1][2]. Group 1: Offering Details - The offering is expected to close on December 18, 2024, subject to customary closing conditions [2]. - The Preferred Shares will be listed on the New York Stock Exchange under the symbol "PDPA" within 30 days of the issue date [2]. - The underwriters have a 30-day option to purchase an additional 180,000 Preferred Shares under the same terms [1]. Group 2: Company Overview - Pearl Diver Credit Company Inc. is an externally managed, non-diversified, closed-end management investment company focused on maximizing total return and generating high current income [6]. - The company primarily invests in equity and junior debt tranches of CLOs backed by portfolios of sub-investment grade, senior secured floating-rate debt from various U.S. companies across multiple sectors [6]. Group 3: Rating Information - The Preferred Shares are rated 'BBB' by Egan-Jones Ratings Company, an independent rating agency [1].

NEW YORK and LONDON, Dec. 11, 2024 /PRNewswire/ -- Pearl Diver Credit Company Inc. (NYSE: PDCC) (the "Company") has commenced an underwritten public offering of its Series A Preferred Stock Due 2029. Certain financial and other terms of the Series A Preferred Stock are to be determined by negotiations between the Company and the underwriters. Shares of the Series A Preferred Stock are rated 'BBB' by Egan-Jones Ratings Company, an independent rating agency. In addition, the Company plans to grant the underwr ...

Group 1 - The article highlights the launch of Pearl Diver Credit Company Inc. (NYSE: PDCC), which is managed by Pearl Diver Capital, a boutique manager of CLO assets with approximately $2.6 billion in assets under management (AUM) across various private funds [1] - Pearl Diver Capital specializes in managing collateralized loan obligations (CLOs), indicating a focus on structured credit investments [1] Group 2 - The article promotes the use of Interactive Investor Tools for navigating various financial markets, including BDC, CEF, OEF, preferred, and baby bond markets, suggesting a comprehensive approach to investment management [2] - The article also mentions investor guides related to CEFs and preferreds, indicating resources available for investors to enhance their understanding of these investment vehicles [2]

NEW YORK and LONDON, Nov. 4, 2024 /PRNewswire/ -- Pearl Diver Credit Company Inc. (NYSE: PDCC) (the "Company") today announced that its Board of Directors has declared a regular monthly dividend on shares of the Fund's common stock of $0.22 per share for November and December 2024, and January 2025. Amount per Share Record Dates Payment Dates $0.22 November 15, 2024 November 29, 2024 December 17, 2024 December 31, 2024 January 17, 2025 January 31, 2025 Pearl Diver Credit Company Inc. ...