Company: PDCC
Filing Date: 2025-05-09
Form Type: 40-17G
Source: 0001214659-25-007297
Chunk: 0

Company: Pearl Diver Credit Co Inc.
Filing Date: 2025-05-09
Form: 40-17G
Chunk 0
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K. Michael Carlton

Associate

+1.202.373.6070

michael.carlton@morganlewis.com

May 9, 2025

VIA EDGAR

U.S. Securities and Exchange Commission

100 F Street, NE

Washington, DC 20549

| Re: | Pearl Diver Credit Company Inc.: Rule 17g-1 Filing (File No. 811-23912) |

Ladies and Gentlemen:

On behalf of our client, Pearl Diver Credit Company
Inc. (the “Registrant”), we are hereby filing pursuant to Rule 17g-1 under the Investment Company Act of 1940, as amended,
the following items:

| 1. | a copy of the Fidelity Bond (the “Bond”) covering the Registrant (attached 
 as Exhibit A); and                                                         |

| 2. | a Certificate of the Secretary of the Registrant containing the resolutions of the                    
 Board of Directors approving the amount, type, form and coverage of the Bond (attached as Exhibit B). |

Please be advised that the fidelity bond has been
paid for the period from May 22, 2025 to May 22, 2026.

| Sincerely,             |
| /s/ K. Michael Carlton |
| K. Michael Carlton     |

| Morgan, Lewis & Bockius llp  |                 |
| 1111 Pennsylvania Avenue, NW |                 |
| Washington, DC 20004         | +1.202.739.3000 |
| United States                | +1.202.739.3001 |

<div align='center'>Exhibit A

Fidelity Bond</div>

| FINANCIAL INSTITUTION BOND |

<div align='center'>STATE FRAUD STATEMENT

NEW YORK</div>

Any person who knowingly and with intent to defraud
any insurance company or other person files an application for insurance or statement of claim containing any materially false information,
or conceals for the purpose of misleading, information concerning any fact material thereto, commits a fraudulent insurance act, which
is a crime, and shall also be subject to a civil penalty not to exceed five thousand dollars and the stated value of the claim for each
such violation.

| AXIS 104 0415 |     | Page 1 of 1 |

| FINANCIAL INSTITUTION BOND |

<div align='center'>POLICYHOLDER NOTICE

ECONOMIC AND TRADE SANCTIONS</div>

This