Kayne Anderson BDC amends credit facility: commitment up to $675M, maturity extended, rate cut

Kayne Anderson BDC, Inc.

Commitment increased from $600M to $675M under the senior secured revolving credit facility.
Final maturity extended from April 3, 2029 to February 13, 2030.
Interest rate on borrowings reduced from daily SOFR + 2.375%-2.50% to daily SOFR + 2.15%.
All other terms of the Revolving Funding Facility remain substantially unchanged.

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