---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-001581"
form_type: "8-K"
ticker: "KBDC"
cik: "0001747172"
company_name: "Kayne Anderson BDC, Inc."
filed_at: "2024-01-05T23:59:59+00:00"
generated_at: "2026-06-07T03:14:27.054467+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Kayne Anderson BDC cuts credit facility to $50M, declares $0.53/share distribution payable Jan 16, 2024

## Summary
- Subscription credit facility reduced from $75M to $50M; maturity extended to December 31, 2024.
- Interest rate set at SOFR + 2.25%; extension fee of 0.075% per quarter on commitment amount.
- Distribution of $0.53 per share to be paid on January 16, 2024 to holders of record December 29, 2023.
- Distribution payable in cash or shares of common stock via the company's Dividend Reinvestment Plan.

## SEC filing metadata
- accession: 0001213900-24-001581
- form_type: 8-K
- ticker: KBDC
- cik: 0001747172
- company_name: Kayne Anderson BDC, Inc.
- filed_at: 2024-01-05T23:59:59+00:00
- event_type: other_material
- 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/1747172/000121390024001581/0001213900-24-001581-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1747172/000121390024001581/ea191260-8k_kayne.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-001581
- JSON: https://secwatch.observer/filing/0001213900-24-001581.json
- Plain text: https://secwatch.observer/filing/0001213900-24-001581.txt

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