Company: PDCC
Filing Date: 2025-07-18
Form Type: N-2
Source: 0001214659-25-010613
Chunk: 95

Company: Pearl Diver Credit Co Inc.
Filing Date: 2025-07-18
Form: N-2
Chunk 95
---
 the
oil and natural gas markets, and may negatively affect global supply chains, inflation and global growth.

Similarly, escalation beginning in October 2023
of the ongoing Israel-Hamas conflict presents a potential risk for wider conflict that could negatively affect financial markets due to
a myriad of interconnected factors. This conflict could disrupt regional trade and supply chains, potentially affecting U.S. businesses
with exposure to the region. For example, the Red Sea crisis has led to disruption of international maritime trade and the global supply
chain, which has had a direct impact on countries and regions that rely on such routes for the supply of energy and/or food and companies
that typically ship goods or receive components by way of the Red Sea. Additionally, the Middle East plays a pivotal role in the global
energy sector, and prolonged instability could impact oil prices, leading to increased costs for businesses and consumers. Furthermore,
the U.S.’s diplomatic ties and commitments in the region mean that it might become more directly involved, either diplomatically
or militarily, diverting attention and resources. These and any related events could significantly impact the Company’s performance
and the value of an investment in the Company, even if the Company does not have direct exposure.

In addition, the foreign policy agenda of the
new U.S. administration, which includes the imposition of significant tariffs on foreign countries, including China and long-time U.S.
allies, may have a substantial impact on both the U.S. and global economy. In particular, the imposition of increased tariffs by the
United States could lead to retaliatory tariffs by foreign countries, increased and prolonged market volatility, and sector-specific
downturns in industries reliant on international trade. These efforts may adversely affect the growth of the global economy and, in turn,
have a negative impact on the Company.

| 53 |

We are subject to risks related to cybersecurity and other disruptions to information systems.

We are highly dependent on the communications
and information systems of the Adviser, the Administrator, and their affiliates as well as certain other third-party service providers.
We, and our service providers, are susceptible to operational and information security risks. While we, the Adviser, and the Administrator
have procedures in place with respect to information security, technologies may become the target of cyber attacks or information security
breaches that could result in the unauthorized gathering, monitoring, release, misuse, loss, or destruction of our and/or our stockholders’
confidential and other information, or otherwise disrupt our operations or those of