---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-064437"
form_type: "8-K"
ticker: "KBDC"
cik: "0001747172"
company_name: "Kayne Anderson BDC, Inc."
filed_at: "2025-07-16T23:59:59+00:00"
generated_at: "2026-05-18T06:16:24.702660+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# KBDC invests $126M in SG Credit Partners, expects immediate accretion in 2025

## Summary
- Investment: $80M term loan, $34M delayed draw term loan, $12M common equity.
- KBDC becomes significant minority shareholder in SG Credit.
- SG Credit has originated over $1B in commitments since 2013 across three verticals.
- Investment complements KBDC's middle market strategy and is expected to be immediately accretive.
- Advisors: Fenchurch Advisory and Mayer Brown for KBDC; Solomon Partners for SG Credit.

## SEC filing metadata
- accession: 0001213900-25-064437
- form_type: 8-K
- ticker: KBDC
- cik: 0001747172
- company_name: Kayne Anderson BDC, Inc.
- filed_at: 2025-07-16T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1747172/000121390025064437/0001213900-25-064437-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1747172/000121390025064437/ea0249158-8k_kayne.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-064437
- JSON: https://secwatch.observer/filing/0001213900-25-064437.json
- Plain text: https://secwatch.observer/filing/0001213900-25-064437.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.