debt
confidence high
sentiment neutral
materiality 0.35
Kayne Anderson BDC cuts credit facility to $125M, extends maturity to Dec 31, 2023
Kayne Anderson BDC, Inc.
- Third amendment to subscription credit agreement reduced facility size from $150M to $125M.
- Maturity extended one year to December 31, 2023; extension fee of 0.05% per quarter of commitment amount added.
- All other terms of the credit agreement remain substantially the same.