Pearl Diver Credit Company Inc. Announces Third Quarter 2024 Financial Results
Pearl Diver Credit Company Inc. (PDCC)
Company Research
Source: PR Newswire
NEW YORK and LONDON, Oct. 29, 2024 /PRNewswire/ -- Pearl Diver Credit Company Inc. (NYSE: PDCC) (the "Company") today announced financial results for the third quarter ended September 30, 2024.Third Quarter 2024 ResultsNet asset value per share of common stock $20.05 as of September 30, 2024.NII for the period from the Company's initial public offering ("IPO") on July 18, 2024 through September 30, 2024 was $2.7 million, or $0.40 per share of common stock, comprised of $3.9 million of investment income, or $0.58 per share, and $1.2 million of expenses, or $0.18 per share.For the period from July 18, 2024 through September 30, 2024, unrealized gain on investments was $0.5 million, or a gain of $0.08 per share of common stock.Net income for the period from July 18, 2024 through September 30, 2024 was $3.3 million, or $0.48 per share of common stock.The Company had no leverage as of September 30, 2024.As of September 30, 2024:The weighted average effective yield of the Company's collater
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