secwatch.observer — SEC 8-K summary
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Issuer:     Kayne Anderson BDC, Inc. (KBDC)
CIK:        0001747172
Form:       8-K
Filed at:   2025-05-12T23:59:59+00:00
Accession:  0001213900-25-042074
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 Q1 NII $0.40/sh, NAV $16.51; declares Q2 dividend $0.40/sh
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- NII $28.7M ($0.40/sh) vs $34.0M ($0.48/sh) prior Q; revenue $55.2M.
- NAV per share $16.51, down $0.19 from Dec 31 due to $0.10 special dividend and unrealized losses.
- New private credit commitments $340.2M, fundings $294.3M; portfolio fair value $2.2B across 116 companies.
- Amended credit facilities: capacity increased to $925M and interest rate spreads reduced.
- Declared Q2 regular dividend $0.40/sh payable Jul 16; share repurchase plan extended to May 2026, $100M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1747172/000121390025042074/0001213900-25-042074-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1747172/000121390025042074/ea0241749-8k_kayne.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-042074

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