secwatch.observer — SEC 8-K summary
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Issuer:     Kayne Anderson BDC, Inc. (KBDC)
CIK:        0001747172
Form:       8-K
Filed at:   2024-08-13T23:59:59+00:00
Accession:  0001213900-24-068393
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kayne Anderson BDC Q2 NII $0.51/sh, NAV $16.57, declares $0.40 dividend
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- Net investment income $34.4M ($0.51/sh), down from $0.52 Q1; total investment income $52.5M.
- NAV per share $16.57 vs $16.63 prior quarter; after IPO dilution, increase of $0.05.
- Amended revolver: increased to $600M, maturity extended to 2029, rate reduced to SOFR+2.375%-2.50%.
- Non-accrual investments at fair value $18.9M (1.0% of debt), up from 0.4%.
- Declared Q3 regular $0.40/sh dividend plus three special $0.10 dividends payable through mid-2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1747172/000121390024068393/0001213900-24-068393-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1747172/000121390024068393/ea0211287-8k_kayne.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-068393

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer