secwatch.observer — SEC 8-K summary
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Issuer:     Kayne Anderson BDC, Inc. (KBDC)
CIK:        0001747172
Form:       8-K
Filed at:   2023-12-29T23:59:59+00:00
Accession:  0001213900-23-099821
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1747172/000121390023099821/0001213900-23-099821-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1747172/000121390023099821/ea190890-8k_kayne.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-099821

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