secwatch.observer — SEC 8-K summary
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Issuer:     Kayne Anderson BDC, Inc. (KBDC)
CIK:        0001747172
Form:       8-K
Filed at:   2025-03-03T23:59:59+00:00
Accession:  0001213900-25-019492
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kayne Anderson BDC Q4: NII $0.48/sh, NAV $16.70, declares $0.40 quarterly dividend
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1747172/000121390025019492/0001213900-25-019492-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1747172/000121390025019492/ea0232726-8k_kayne.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-019492

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