other material
confidence high
sentiment neutral
materiality 0.50
Kayne Anderson BDC issues $50M common stock via subscription draw
Kayne Anderson BDC, Inc.
- Issued 3,010,942 shares on April 20, 2023, for aggregate $50M offering price.
- Sale relates to existing subscription agreements with $832.3M total capital commitments.
- Exempt from registration under Section 4(a)(2) and Regulation D; accredited investors only.
- No underwriting discounts or commissions paid on the issuance.