secwatch.observer — SEC 8-K summary
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Issuer:     Kayne Anderson BDC, Inc. (KBDC)
CIK:        0001747172
Form:       8-K
Filed at:   2025-08-11T23:59:59+00:00
Accession:  0001213900-25-074348
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KBDC Q2 NII $0.40/share, NAV $16.37, declares Q3 dividend $0.40, invests $126M in SG Credit
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- Net investment income $28.7M ($0.40/share), unchanged QoQ; net increase in net assets $24.9M ($0.35/share).
- NAV per share $16.37, down $0.14 QoQ due to $0.10 special dividend and $0.06 unrealized losses.
- Declared Q3 regular dividend $0.40/share, payable Oct 16 to holders of record Sep 30.
- New private credit commitments $128.7M; portfolio 98% first lien, non-accruals 1.6%, yield 10.4%.
- Invested $126M in SG Credit (term loan, delayed draw, equity) for 22.5% stake; credit facility increased to $475M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1747172/000121390025074348/0001213900-25-074348-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1747172/000121390025074348/ea0252384-8k_kayne.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-074348

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