debt
confidence high
sentiment neutral
materiality 0.50
Kayne Anderson BDC increases revolving credit facility to $350M, raises rate to SOFR+2.75%
Kayne Anderson BDC, Inc.
- Commitment increased from $250M to $350M under amended senior secured revolving funding facility.
- Interest rate on advances raised from daily SOFR+2.35% to daily SOFR+2.75% per annum.
- Amendment dated November 17, 2022; all other terms remain substantially the same.