secwatch.observer — SEC 8-K summary
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Issuer:     Kayne Anderson BDC, Inc. (KBDC)
CIK:        0001747172
Form:       8-K
Filed at:   2024-01-05T23:59:59+00:00
Accession:  0001213900-24-001581
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1747172/000121390024001581/0001213900-24-001581-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1747172/000121390024001581/ea191260-8k_kayne.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-001581

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