debt
confidence high
sentiment neutral
materiality 0.50
Kayne Anderson BDC announces conditional $75M private placement of senior unsecured notes
Kayne Anderson BDC, Inc.
- $75M private placement: $25M 8.65% Series A notes due June 2027, $50M 8.74% Series B notes due June 2028.
- Closing expected on or about June 29, 2023, subject to due diligence, legal documentation, and other standard conditions.
- Net proceeds will be used to refinance existing debt and for general corporate purposes.