Albert Rabil III
On June 29, 2026, Albert Rabil III notified Kayne Anderson BDC, Inc. (the “Company”) of his decision to resign from the Board of Directors of the Company (the “Board”), effective immediately.
Highest-materiality recent filing
Kayne Anderson BDC sets Q2 2026 earnings release for Aug 10, call Aug 11
Q2 2026 financial results to be released after market close on Monday, August 10, 2026.
Director Albert Rabil III resigns from Kayne Anderson BDC board effective June 29, 2026
Albert Rabil III resigned as interested director; no disagreement with company operations or policies.
Kayne Anderson BDC stockholders elect directors, ratify auditor at 2026 annual meeting
Albert Rabil III re-elected director with 41.6M votes for, 259K against; Susan Schnabel re-elected with 40.8M for, 1.06M against.
KBDC Q1 2026 NII $0.43/share; declares $0.40 dividend; NAV $16.23
Net investment income of $28.9M ($0.43/share), down from $0.44 in Q4 2025; revenue $57.3M.
KBDC schedules Q1 2026 earnings release for May 11, conference call May 12
Q1 2026 results to be released May 11, 2026 after market close.
KBDC enters equity distribution agreements for up to $150M ATM offering
Agreements with Truist, RBC, KBW, Regions, UBS to offer up to $150M common stock at-the-market.
KBDC Q4 NII $0.44/share; declares $0.40 dividend; repurchases $14.5M shares
Net investment income $30.1M ($0.44/share), consistent with prior quarter's $0.43.
Q4 2025 financial results to be released after market close on Monday, March 2, 2026.
KBDC Q3 NII $0.43/share; declares $0.40 dividend; appoints President and SVP
NII $30.0M ($0.43/share) for Q3 2025, up from $0.40 in Q2; NAV $16.34, down from $16.37.
KBDC sets Q3 2025 earnings release for Nov 10, call on Nov 11
Financial results for quarter ended September 30, 2025 will be released after market close on Monday, November 10, 2025.
KBDC closes $200M private placement of senior unsecured notes in three tranches
$40M floating-rate Series C notes at SOFR + 2.32%, due June 2028.
Kayne Anderson BDC conditional agreement for $200M senior notes private placement
$200M private placement of senior unsecured notes expected close Sept. 9, 2025.
KBDC Q2 NII $0.40/share, NAV $16.37, declares Q3 dividend $0.40, invests $126M in SG Credit
Net investment income $28.7M ($0.40/share), unchanged QoQ; net increase in net assets $24.9M ($0.35/share).
KBDC invests $126M in SG Credit Partners, expects immediate accretion in 2025
Investment: $80M term loan, $34M delayed draw term loan, $12M common equity.
Kayne Anderson BDC sets Q2 2025 earnings release and call dates
Q2 2025 results due August 11, 2025 after market close.
Kayne Anderson BDC stockholders reelect three directors and ratify PwC as auditor
Reelected George E. Marucci Jr., James Robo, and Terrence J. Quinn as directors for three-year terms (until 2028).
Kayne Anderson BDC Q1 NII $0.40/sh, NAV $16.51; declares Q2 dividend $0.40/sh
NII $28.7M ($0.40/sh) vs $34.0M ($0.48/sh) prior Q; revenue $55.2M.
KBDC schedules Q1 2025 earnings release for May 12, call on May 13
Earnings results for Q1 ended March 31, 2025 to be released May 12 after market close.
Kayne Anderson BDC Q4: NII $0.48/sh, NAV $16.70, declares $0.40 quarterly dividend
Net investment income $34.0M ($0.48/sh); $0.49/sh excluding excise taxes.
Kayne Anderson BDC amends credit facility: commitment up to $675M, maturity extended, rate cut
Commitment increased from $600M to $675M under the senior secured revolving credit facility.
KBDC expands credit facility to $250M, reduces interest rate by 45 bps
Lender commitments under revolving credit facility increased from $150M to $250M.
KBDC to report Q4 2024 results on March 3, 2025; conference call March 4
Earnings release for Q4 2024 (ended Dec 31, 2024) due after market close on March 3, 2025.
Kayne Anderson BDC extends $400M credit facility to 2029, cuts borrowing cost 25bps
Extended $400M commitments maturity to November 22, 2029; added a $75M commitment maturing February 18, 2027.
Kayne Anderson BDC Q3 NII $0.52/sh, NAV $16.70, declares $0.40 dividend
Net investment income $37.1M ($0.52/sh); NAV per share $16.70, up $0.13 from Q2.
Kayne Anderson BDC schedules Q3 2024 earnings release for Nov 13, call Nov 14
Q3 2024 financial results to be released Nov 13 after market close.
Kayne Anderson BDC Q2 NII $0.51/sh, NAV $16.57, declares $0.40 dividend
Net investment income $34.4M ($0.51/sh), down from $0.52 Q1; total investment income $52.5M.
Kayne Anderson BDC announces Q2 2024 earnings release and call for Aug 13-14
Earnings release for quarter ended June 30, 2024 set for Aug 13, 2024 after market close.
Kayne Anderson BDC stockholders elect directors and ratify auditor at annual meeting
Mariel A. Joliet and Rhonda S. Smith elected as directors for three-year terms with over 49.3M votes for each.
Kayne Anderson BDC declares $0.40 regular dividend; sets $0.10 special dividends contingent on IPO
Regular dividend of $0.40/share declared, payable July 15, 2024 to record holders on June 28, 2024.
Kayne Anderson BDC issues 16.2M shares for $269.9M, exhausting $1.05B capital commitments
On April 15, 2024, issued 16,232,415 shares of common stock at $269.9 million aggregate price.
Kayne Anderson BDC completes $269.9M equity call and upsizes credit facility to $600M
Sold $269.9M of common stock in final capital call; total $1.0469B commitment fully drawn, no further commitments.
Kayne Anderson BDC sells 7.1M common shares for $118.7M via subscription agreements
Sold 7,089,771 shares of common stock at an aggregate price of $118.7 million.
Subscription credit facility reduced from $75M to $50M; maturity extended to December 31, 2024.
Kayne Anderson BDC closes $150M Revolving Funding Facility II; initial $70M drawn
New senior secured revolving facility with initial $150M commitment, expandable to $500M.
Kayne Anderson BDC completes $75M senior note private placement at 8.65% and 8.74%
$75M private placement: $25M Series A 8.65% due June 2027 and $50M Series B 8.74% due June 2028.
Kayne Anderson BDC increases senior secured revolving funding facility from $350M to $455M
Commitment increased from $350 million to $455 million.
Kayne Anderson BDC announces conditional $75M private placement of senior unsecured notes
$75M private placement: $25M 8.65% Series A notes due June 2027, $50M 8.74% Series B notes due June 2028.
Kayne Anderson BDC stockholders elect directors, ratify auditor at annual meeting
Albert (Al) Rabil III and Susan C. Schnabel elected as directors for three-year terms (until 2026) with all votes for.
Kayne Anderson BDC issues $50M common stock via subscription draw
Issued 3,010,942 shares on April 20, 2023, for aggregate $50M offering price.
Kayne Anderson BDC sells $50M in common stock through existing subscription agreements
Sold shares for $50.0 million aggregate offering price under existing subscription agreements.
Kayne Anderson BDC appoints Jim Robo, former NextEra CEO, as Chairman of the Board
Jim Robo elected Chairman of the Board on January 24, 2023; will serve as interested director until 2025 annual meeting.
Kayne Anderson BDC declares $0.43 per share distribution payable Jan 13, 2023
Distribution of $0.43 per share declared by Board on December 16, 2022.
Kayne Anderson BDC cuts credit facility to $125M, extends maturity to Dec 31, 2023
Third amendment to subscription credit agreement reduced facility size from $150M to $125M.
Kayne Anderson BDC sells $50M of common stock under subscription agreements
Sold 2,961,068 shares at an aggregate price of $50.0M on Dec 9, 2022.
Kayne Anderson BDC increases revolving credit facility to $350M, raises rate to SOFR+2.75%
Commitment increased from $250M to $350M under amended senior secured revolving funding facility.
Kayne Anderson BDC elects Rhonda Smith as independent director
Board elected Rhonda Smith as independent director effective November 8, 2022.
Kayne Anderson BDC sells 1.49M shares for $24.6M; declares $0.35/share distribution
Sold 1,485,844 shares at $24.6M aggregate price under subscription agreements with $808.2M total commitment; no underwriting discounts.
Kayne Anderson BDC sells 7.67M shares for $125M; declares $0.30 dividend
Sold 7,666,830 shares of common stock for aggregate offering price of $125.0M on July 22, 2022.
Kayne Anderson BDC stockholders re-elect two directors and ratify auditor at 2022 annual meeting
Terrence J. Quinn re-elected with 18,333,490 for, 66,103 against; George E. Marucci, Jr. re-elected with 18,325,006 for, 74,587 against.
Kayne Anderson BDC enters into $275M and $250M credit facilities, repays $150M prior debt
Entered into a $275M senior secured revolving credit facility with SMBC as administrative agent.
On June 29, 2026, Albert Rabil III notified Kayne Anderson BDC, Inc. (the “Company”) of his decision to resign from the Board of Directors of the Company (the “Board”), effective immediately.
On January 24, 2023, the Board of Directors (the “Board”) of Kayne Anderson BDC, Inc. (the “Company”) elected James (“Jim”) Robo as the Chairman of the Board.
On November 8, 2022, the Board of Directors (the “Board”) of Kayne Anderson BDC, Inc. (the “Company”) elected Rhonda Smith as a member of the Board.
On November 10, 2021, the Board of Directors (the “Board”) of Kayne Anderson BDC, Inc. (the “Company”) elected Albert (“Al”) Rabil III as a member of the Board.
Resignation of Chief Executive Officer On October 6, 2021, Michael J. Levitt notified the Board of Directors (the “Board”) of Kayne Anderson BDC, Inc. (the “Company”) of his decision to resign, effective immediately, from his position as an interested director of the Company.
Max materiality 0.80 · Median 0.50 · Most common event other_material