---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-099821"
form_type: "8-K"
ticker: "KBDC"
cik: "0001747172"
company_name: "Kayne Anderson BDC, Inc."
filed_at: "2023-12-29T23:59:59+00:00"
generated_at: "2026-06-07T05:57:49.073055+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Kayne Anderson BDC closes $150M Revolving Funding Facility II; initial $70M drawn

## Summary
- New senior secured revolving facility with initial $150M commitment, expandable to $500M.
- Initial $70M borrowing used to repay $45M on Subscription Credit Agreement and fund new investments.
- Facility matures Dec 22, 2028; interest rate is 3-month term SOFR + 2.70% per annum.
- As of Dec 22, 2023: $224M on Corporate Credit Facility, $18M on Subscription Credit Agreement, $75M Notes outstanding.
- KABDCF had $319M borrowed on prior Revolving Funding Facility; KABDCF II had $70M on new facility.

## SEC filing metadata
- accession: 0001213900-23-099821
- form_type: 8-K
- ticker: KBDC
- cik: 0001747172
- company_name: Kayne Anderson BDC, Inc.
- filed_at: 2023-12-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1747172/000121390023099821/0001213900-23-099821-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1747172/000121390023099821/ea190890-8k_kayne.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-099821
- JSON: https://secwatch.observer/filing/0001213900-23-099821.json
- Plain text: https://secwatch.observer/filing/0001213900-23-099821.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.