Company: PDCC
Filing Date: 2025-03-11
Form Type: N-CSR
Source: 0001398344-25-005419
Chunk: 23

Company: Pearl Diver Credit Co Inc.
Filing Date: 2025-03-11
Form: N-CSR
Chunk 23
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able netting arrangements or other similar agreements as of December
31, 2024.

| Security Name                                     |     | Gross Amounts 
 of Recognized 
 Liabilities   |           |     | Gross Amounts Offset in the Statements of Assets and Liabilities |   |     | Net Amounts Offset in the Statements of Assets and Liabilities |           |     | Gross Amounts Not Offset in the Statement of Financial Position 
 Financials Instruments                                          |           |     | Cash Collateral Pledged * |   |     | Net Amount |   |
|:--------------------------------------------------|:----|:--------------|----------:|:----|:-----------------------------------------------------------------|:--|:----|:---------------------------------------------------------------|----------:|:----|:----------------------------------------------------------------|----------:|:----|:--------------------------|:--|:----|:-----------|:--|
| Reverse Repurchase Agreements (counterparty, RBC) |     | $             | 6,636,782 |     | $                                                                | – |     | $                                                              | 6,636,782 |     | $                                                               | 6,636,782 |     | $                         | – |     | $          | – |

| * | The actual collateral received and/or pledged may be more than amount shown. |

Reverse repurchase agreements involve the risk that
market value of the securities retained in lieu of sale by the Fund may decline below the price of the securities the Fund has sold but
is obligated to be repurchase. In the event the buyer of the securities under a reverse repurchase agreement files for bankruptcy or becomes
insolvent, such buyer or its trustee or receiver may receive an extension of time to determine whether to enforce the Fund’s obligation
to repurchase the securities, and the Fund’s use of the proceeds of the reverse repurchase agreement may effectively be restricted pending
such decision. Also, the Fund would bear risk of loss to the extent that the proceeds of the reverse repurchase agreement are less than
the value of the securities subject to such agreements.

At December 31, 2024, the Fund had the following reverse repurchase agreements
outstanding:

| Counterparty |     | Borrowing Rate |       |     | Maturity Date |     | Amount Borrowed(1) |           |     | Payable For Reverse   
 Repurchase Agreements |           |
|:-------------|:----|:---------------|:------|:----|:--------------|:----|:-------------------|----------:|: