Articles from Kayne Anderson BDC, Inc.

Kayne Anderson BDC, Inc. (NYSEKBDC) (“KBDC or the Company”), a business development company externally managed by its investment adviser, KA Credit Advisors, LLC, today announced its financial results for the fourth quarter ended December 31, 2024.

Kayne Anderson BDC, Inc. (NYSEKBDC) (“KBDC”), a business development company externally managed by its investment adviser, KA Credit Advisors, LLC, announced today that it will release its financial results for the fourth quarter ended December 31, 2024 on Monday, March 3, 2025, after the close of financial markets. KBDC will host a conference call at 10:00 am ET on Tuesday, March 4, 2025, to review its financial results.

Kayne Anderson BDC, Inc. (NYSEKBDC) (“KBDC”) (the “Company”) announced the amendment of its senior secured revolving credit facility (the “Corporate Credit Facility”). The amendment added a new lender and extended the maturity date on the existing $400 million of aggregate commitments to November 22, 2029. An additional commitment of $75 million has a maturity date of February 18, 2027. The Corporate Credit Facility allows the Company, under certain circumstances, to increase the overall size to a maximum of $600 million. The amendment also reduced the interest rate on the $400 million commitment from 2.35% to 2.10% for any Term Secured Overnight Funding Rate (“Term SOFR”) loans and from 1.25% to 1.00% for any Alternative Base Rate (“ABR”) loans.

Kayne Anderson BDC, Inc. (NYSEKBDC) (“KBDC or the Company”), a business development company externally managed by its investment adviser, KA Credit Advisors, LLC, today announced its financial results for the third quarter ended September 30, 2024.

Kayne Anderson BDC, Inc. (NYSEKBDC) (“KBDC”), a business development company externally managed by its investment adviser, KA Credit Advisors, LLC, announced today that it will release its financial results for the third quarter ended September 30, 2024 on Wednesday, November 13, 2024, after the close of financial markets. KBDC will host a conference call at 10:00 am ET on Thursday, November 14, 2024, to review its financial results.

Kayne Anderson BDC, Inc. (NYSEKBDC) (“KBDC” or the “Company”), a business development company externally managed by its investment adviser, KA Credit Advisors, LLC, today announced its financial results for the second quarter ended June 30, 2024.

Kayne Anderson BDC, Inc. (NYSEKBDC) (“KBDC”), a business development company externally managed by its investment adviser, KA Credit Advisors, LLC, announced today that it will release its financial results for the second quarter ended June 30, 2024 on Tuesday, August 13, 2024, after the close of financial markets. KBDC will host a conference call at 10:00 am ET on Wednesday, August 14, 2024, to review its financial results.

Kayne Anderson BDC, Inc. (“KBDC”), a business development company externally managed by its investment adviser, KA Credit Advisors, LLC, has priced its initial public offering of 6,000,000 shares of its common stock at $16.63 per share. KBDC’s shares of common stock are expected to begin trading on the New York Stock Exchange on May 22, 2024 under the symbol “KBDC.” KBDC also granted the underwriters an option to purchase up to an additional 900,000 shares of its common stock. The closing of the offering is subject to customary closing conditions, and the shares are expected to be delivered on or about May 24, 2024.

Kayne Anderson BDC, Inc. (“KBDC”), a business development company externally managed by its investment adviser, KA Credit Advisors, LLC, today announced that it plans to make an initial public offering of 6,000,000 shares of its common stock. The initial public offering price is expected to be $16.63 per share. KBDC is expected to list its common stock on the New York Stock Exchange under the symbol “KBDC.” The underwriters are expected to have an option to purchase up to an additional 900,000 shares of common stock. The completion of the proposed offering depends upon several factors, including market and other conditions.