We have synthesized a new quaternary borocarbide PrPd2B2C and
measured its magnetization, electrical resistivity and specific heat. The
compound crystallizes in the LuNi2B2C-type tetragonal structure
(space group {\it I4/mmm}). Above 100 K the magnetic susceptibility follows
Curie-Weiss behavior with effective moment μeff = 3.60 μB, which
is very close to the value expected for Pr3+ ions. We do not find evidence
for magnetic or superconducting transition down to 0.5 K. Specific heat
exhibits a broad Schottky type anomaly with a peak at 24 K, very likely related
to crystal electric field (CEF) excitation. The magnetic properties suggest the
presence of a singlet CEF ground state leading to a Van-Vleck paramagnetic
ground state.Comment: 2 pages, 2 figure