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Kayne Anderson BDC, Inc. 8-K Filings

KBDC NYSE

Every 8-K that Kayne Anderson BDC, Inc. (KBDC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow KBDC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full KBDC filings page.

Rhea-AI Summary

Kayne Anderson BDC, Inc. reported second quarter 2026 results with net investment income (NII) of $27.6 million, or $0.42 per share, slightly above its regular quarterly dividend of $0.40 per share. Annualized return on equity based on NII was 10.5%. The board declared a third quarter 2026 dividend of $0.40 per share, payable on October 16, 2026 to shareholders of record on September 30, 2026.

At June 30, 2026, total assets were $2.34 billion and the investment portfolio at fair value was $2.27 billion across 104 portfolio companies, with about 93% in first-lien senior secured debt and 95.3% floating-rate exposure. Net asset value was $1.06 billion, or $16.00 per share, modestly lower than the prior quarter, reflecting $12.2 million of realized losses and $4.6 million of net unrealized losses, partly from liquidations, restructurings, and exiting broadly syndicated loans.

Total debt outstanding was $1.24 billion, giving a debt-to-equity ratio of 1.17x, within the company’s 1.0x–1.25x target range, and the asset coverage ratio was 186%. Non-accrual investments were $59.1 million at fair value, or 2.7% of debt investments. Liquidity included $39.7 million of cash and $437 million of undrawn committed debt capacity.

Rhea-AI Summary

Kayne Anderson BDC, Inc. filed an 8-K to inform investors about its upcoming second-quarter 2026 earnings release and conference call. The company plans to publish results for the quarter ended June 30, 2026 after markets close on August 10, 2026.

Management will host an earnings call on August 11, 2026 at 10:00 a.m. Eastern Time to review the results, with access provided via telephone dial-in and webcast. The filing notes this information is furnished under Regulation FD, not filed, and includes a press release describing Kayne Anderson BDC’s focus on first lien senior secured lending to middle market companies.

Rhea-AI Summary

Kayne Anderson BDC, Inc. reported that Albert Rabil III resigned from its Board of Directors effective immediately on June 29, 2026. He was an “interested” director under the Investment Company Act of 1940 due to his employment with Kayne Anderson Capital Advisors, L.P.

His Class III board term would otherwise have run until the 2029 annual stockholder meeting. The company states that his resignation was not due to any disagreement regarding operations, policies, or practices. After his departure, the Board consists of six directors, including four Independent Directors who are not “interested” persons under the 1940 Act.

Rhea-AI Summary

Kayne Anderson BDC, Inc. held its 2026 Annual Meeting of Stockholders on June 11, 2026, where all proposals were approved. Stockholders elected Albert (Al) Rabil III and Susan C. Schnabel as directors for three-year terms ending at the 2029 annual meeting.

Rabil received 41,616,226 votes for and 259,190 against, while Schnabel received 40,815,781 votes for and 1,060,128 against, with relatively few abstentions and broker non-votes. Stockholders also ratified PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026.

Rhea-AI Summary

Kayne Anderson BDC, Inc. reported first quarter 2026 net investment income of $28.9 million, or $0.43 per share, modestly ahead of its regular dividend of $0.40 per share. Total investment income was $57.3 million, down from $61.9 million in the prior quarter, mainly due to lower reference rates and reduced fee income from realizations.

Net asset value per share slipped to $16.23 from $16.32 as realized losses of $2.3 million and $9.0 million of net unrealized losses offset earnings. The portfolio had $2.19 billion of investments at fair value across 105 companies, with about 93% in first-lien debt and a weighted average debt yield of 10.1% excluding non‑income producing assets. Non‑accruals rose to 2.5% of debt investments at fair value.

The company declared a second quarter 2026 dividend of $0.40 per share, payable on July 16, 2026 to stockholders of record on June 30, 2026, implying a regular dividend yield of about 9.9% on quarter‑end NAV. Debt outstanding totaled $1.14 billion, resulting in a debt‑to‑equity ratio of 1.05x and an asset coverage ratio of 195%, within the targeted leverage range.

Rhea-AI Summary

Kayne Anderson BDC, Inc. is scheduling the release of its first quarter 2026 financial results and an accompanying earnings call. The company plans to publish results for the quarter ended March 31, 2026 on May 11, 2026 after markets close, then host a conference call on May 12, 2026 at 10:00 a.m. Eastern Time to review the numbers. A telephone replay will be available through May 19, 2026 for investors who cannot listen live.

Rhea-AI Summary

Kayne Anderson BDC, Inc. entered equity distribution agreements allowing it to issue and sell up to $150,000,000 of common stock through several sales agents.

The program permits negotiated and at the market sales on the New York Stock Exchange or through market makers, with sales agents earning commissions of up to 1.5% of the gross sales price.

Shares cannot be sold below the company’s net asset value per share, and the adviser may pay some or all commissions or supplemental amounts so the sale price remains at or above net asset value. The company is not obligated to sell any shares and may suspend the offering at any time, with actual sales depending on market conditions and capital needs.

Rhea-AI Summary

Kayne Anderson BDC, Inc. reported fourth quarter 2025 net investment income of $30.1 million, or $0.44 per share, and earnings of $0.32 per share. Net asset value was $16.32 per share, with net assets of about $1.11 billion and a debt-to-equity ratio of 1.02x.

The company’s investment portfolio had a fair value of approximately $2.2 billion across 107 portfolio companies, with about 93% in first-lien senior secured loans and 95.7% of debt investments at floating rates. Non-accrual loans were 1.4% of debt investments at fair value.

The board declared a first quarter 2026 regular dividend of $0.40 per share, payable April 16, 2026 to shareholders of record on March 31, 2026. Management highlighted strong portfolio stability, limited software exposure around 2% of the portfolio, and continued focus on value-oriented lending in defensive, private equity–backed middle market borrowers.

Rhea-AI Summary

Kayne Anderson BDC, Inc. reported that it plans to release its financial results for the fourth quarter ended December 31, 2025 on March 2, 2026 after the close of financial markets. The company also plans to host an earnings conference call on March 3, 2026 at 10:00 AM Eastern Time to review these results.

These details were provided through a press release, which is included as an exhibit to this report and is being furnished rather than filed under securities laws.

Rhea-AI Summary

Kayne Anderson BDC, Inc. (KBDC) reported several updates. The company furnished a press release with financial results for the third quarter ended September 30, 2025 and will host a conference call on November 11, 2025 to discuss the quarter. An earnings presentation is available on its website and attached as an exhibit.

The Board declared a fourth quarter 2025 dividend of $0.40 per share, payable on January 16, 2026 to stockholders of record on December 31, 2025.

The Board also appointed Frank P. Karl as President and Andy Wedderburn-Maxwell as Senior Vice President. The company stated there are no arrangements or family relationships related to these appointments, and no related‑party transactions requiring disclosure.

Rhea-AI Summary

Kayne Anderson BDC, Inc. filed a current report to let investors know when it will share its next set of quarterly results. The company plans to release its financial results for the third quarter ended September 30, 2025 after markets close on Monday, November 10, 2025.

Management will then host an earnings conference call on Tuesday, November 11, 2025 at 10:00 a.m. Eastern Time to review and discuss the results. These details were provided through a press release attached as an exhibit, which is being furnished for informational purposes and is not treated as filed under securities laws.

Rhea-AI Summary

Kayne Anderson BDC, Inc. closed a private placement of $200 million of senior unsecured notes, split into three series. The company issued $40 million of floating-rate Series C Notes at SOFR plus 2.32% due June 2028, $60 million of 5.80% fixed-rate Series D Notes due June 2028, and $100 million of 6.15% fixed-rate Series E Notes due October 2030. Funding will occur on October 15, 2025, and net proceeds will be used to refinance existing debt and for general corporate purposes.

To better match its predominantly floating-rate loan portfolio, the company entered into interest rate swaps on the Series D and E Notes. For the Series D swap, it receives a fixed 5.80% rate and pays SOFR plus 2.37% on $60 million, and for the Series E swap, it receives 6.15% and pays SOFR plus 2.6565% on $100 million, each designated as a qualifying hedge. The notes were sold in a private offering and are not registered under the Securities Act of 1933.

Rhea-AI Summary

Kayne Anderson BDC, Inc. reached a conditional agreement with institutional investors for a private placement of $200 million in senior unsecured notes, split into three series. The deal includes $40 million of floating rate Series C Notes at SOFR plus 2.32% due in June 2028, $60 million of 5.80% Series D Notes due in June 2028, and $100 million of 6.15% Series E Notes due in October 2030.

Net proceeds will be used to refinance existing debt and for general corporate purposes, indicating a focus on managing the company’s liability profile. For the fixed-rate Series D and E Notes, the company entered into interest rate swaps so that it receives the fixed coupon and pays floating SOFR-based rates instead. This structure is intended to better match its predominantly floating rate loan portfolio while maintaining the same notional amounts and maturities.

The transaction is expected to close on or about September 9, 2025, subject to investor due diligence, legal documentation and standard closing conditions, and the notes will be offered in a private placement without registration under the Securities Act.

Rhea-AI Summary

Kayne Anderson BDC, Inc. announced it released results for the quarter ended June 30, 2025 and provided an earnings presentation on its website. The company will discuss results on a conference call on August 12, 2025 and has furnished a press release and presentation as exhibits to this report.

The board declared a $0.40 per share dividend for the third quarter of 2025, payable on October 16, 2025 to stockholders of record as of September 30, 2025. Exhibits listed include the press release (Exhibit 99.1) and the Q2 2025 earnings presentation (Exhibit 99.2).