{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-019492","form_type":"8-K","ticker":"KBDC","cik":"0001747172","company_name":"Kayne Anderson BDC, Inc.","filed_at":"2025-03-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.701323+00:00","generated_at":"2026-05-25T19:17:41.719599+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Kayne Anderson BDC Q4: NII $0.48/sh, NAV $16.70, declares $0.40 quarterly dividend","bullets":["Net investment income $34.0M ($0.48/sh); $0.49/sh excluding excise taxes.","NAV unchanged at $16.70; debt-to-equity ratio 0.72x vs target 1.0x–1.25x.","Declared Q1 2025 dividend of $0.40/sh, payable April 15, 2025 to holders of record March 31, 2025.","Gross new investment commitments $230.6M; 98% first-lien portfolio; non-accrual 1.3% of debt at fair value.","Amended credit facilities: reduced spreads, extended maturities, increased aggregate commitments by $175M."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-019492","json":"https://secwatch.observer/filing/0001213900-25-019492.json","markdown":"https://secwatch.observer/filing/0001213900-25-019492.md","text":"https://secwatch.observer/filing/0001213900-25-019492.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1747172/000121390025019492/0001213900-25-019492-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1747172/000121390025019492/ea0232726-8k_kayne.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T19:17:41.719599+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}