other material
confidence high
sentiment neutral
materiality 0.60
Kayne Anderson BDC sells 7.1M common shares for $118.7M via subscription agreements
Kayne Anderson BDC, Inc.
- Sold 7,089,771 shares of common stock at an aggregate price of $118.7 million.
- Sale made under existing subscription agreements with total capital commitments of $1,046.9 million.
- No underwriting discounts or commissions were paid in connection with the sale.
- Issuance exempt from registration under Section 4(a)(2) and Regulation D; buyers were accredited investors.