{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-086598","form_type":"8-K","ticker":"KBDC","cik":"0001747172","company_name":"Kayne Anderson BDC, Inc.","filed_at":"2025-09-10T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.866253+00:00","generated_at":"2026-05-17T07:02:46.749663+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"KBDC closes $200M private placement of senior unsecured notes in three tranches","bullets":["$40M floating-rate Series C notes at SOFR + 2.32%, due June 2028.","$60M 5.80% Series D notes due June 2028; $100M 6.15% Series E notes due October 2030.","Funding on October 15, 2025; proceeds to refinance existing debt and for general corporate purposes.","Entered interest rate swaps on Series D and E to convert fixed to floating (SOFR + spread) to match floating-rate loan portfolio.","Notes are unregistered and issued in a private placement; swaps designated as hedging instruments."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-086598","json":"https://secwatch.observer/filing/0001213900-25-086598.json","markdown":"https://secwatch.observer/filing/0001213900-25-086598.md","text":"https://secwatch.observer/filing/0001213900-25-086598.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1747172/000121390025086598/0001213900-25-086598-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1747172/000121390025086598/ea0256713-8k_kayne.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T07:02:46.749663+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":[{"claim_id":"91fcca3df04fd0d80dabaf9bdd868fcc4644e1b1","claim":"Kayne Anderson BDC, Inc. incurred senior notes of $200 million with private placement noteholders at SOFR plus 2.32% per annum (Series C); 5.80% (Series D); 6.15% (Series E) maturing June 2028 (Series C and D); October 2030 (Series E).","evidence_excerpt":"On September 9, 2025, Kayne Anderson BDC, Inc. (the “Company”) closed a private placement offering of $200 million of senior unsecured notes (the “Series C, D and E Notes”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1747172/000121390025086598/0001213900-25-086598-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$200 million"},{"label":"Counterparty","value":"private placement noteholders"},{"label":"Rate","value":"SOFR plus 2.32% per annum (Series C); 5.80% (Series D); 6.15% (Series E)"},{"label":"Maturity","value":"June 2028 (Series C and D); October 2030 (Series E)"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}