Company: PDCC
Filing Date: 2025-07-18
Form Type: N-2
Source: 0001214659-25-010613
Chunk: 82

Company: Pearl Diver Credit Co Inc.
Filing Date: 2025-07-18
Form: N-2
Chunk 82
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 a number of leading financial institutions. As a result, certain government bodies and central banks worldwide, including the U.S.
Treasury Department and the U.S. Federal Reserve, undertook unprecedented intervention programs, the effects of which remain uncertain.
Although certain financial markets have improved, to the extent economic conditions experienced during the past decade recur, they may
adversely impact our investments. Signs of deteriorating sovereign debt conditions in Europe and elsewhere and uncertainty regarding the
policies of the current U.S. presidential administration, including with regard to the imposition of trade tariffs, embargoes, or other
restrictions or limitations on trade, could lead to further disruption in the global markets. Trends and historical events do not imply,
forecast or predict future events, and past performance is not necessarily indicative of future results. There can be no assurance that
the assumptions made or the beliefs and expectations currently held by the Adviser will prove correct, and actual events and circumstances
may vary significantly.

We may be subject to risk arising from a default
by one of several large institutions that are dependent on one another to meet their liquidity or operational needs, so that a default
by one institution may cause a series of defaults by the other institutions. This is sometimes referred to as “systemic risk”
and may adversely affect financial intermediaries with which we interact in the conduct of our business.

We also may be subject to risk arising from a
broad sell-off or other shift in the credit markets, which may adversely impact our income and NAV. In addition, if the value of our assets
declines substantially, we may fail to maintain the minimum asset coverage imposed upon us by the 1940 Act. See “— Risks Related to Our Investments — We may leverage our portfolio, which would magnify the potential for gain or loss on amounts invested and increase the risk of investing in us” and “Regulation as a Closed-End Management Investment Company.”
Any such failure would affect our ability to issue preferred stock and other senior securities, including borrowings, and may affect our
ability to pay distributions on our capital stock, which could materially impair our business operations. Our liquidity could be impaired
further by an inability to access the capital markets or to obtain debt financing. For example, we cannot be certain that we would be
able to obtain debt financing on commercially reasonable terms, if at all. See “— If we are unable to obtain, and/or refinance debt capital, our business could be materially adversely affected.” In previous market cycles