Welcome to our dedicated page for Kayne Anderson BDC SEC filings (Ticker: KBDC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Kayne Anderson BDC, Inc. filings document the regulatory disclosures of a NYSE-listed business development company that invests mainly in middle-market credit. The record includes 8-K reports for operating results, earnings-call materials, Regulation FD announcements, material definitive agreements, senior unsecured notes, interest-rate swaps and equity distribution arrangements.
Proxy materials cover director elections and auditor ratification, while registration-related disclosures describe common stock issuance mechanics under its shelf registration framework. The filings also address KBDC's BDC structure, external management by KA Credit Advisors, LLC, capital structure, governance matters and recurring financial reporting for its loan portfolio.
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.
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.
Bank of America Corporation filed a Schedule 13G reporting beneficial ownership in Kayne Anderson BDC, Inc. of 4,596,731 shares, equal to 6.5% of the outstanding common stock as of the event date 06/30/2025. The filing shows shared voting power of 4,554,213 shares and shared dispositive power of 4,596,731, with no sole voting or dispositive power reported. The statement is filed on behalf of Bank of America and its wholly owned subsidiaries, including Bank of America, N.A. and Merrill Lynch Pierce Fenner & Smith, Inc. The registrant certifies the shares are held in the ordinary course of business and not for the purpose of changing control. The Schedule 13G was signed by Andres Ortiz as Authorized Signatory on 08/12/2025.
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).
Kayne Anderson BDC reported total assets of $2,255.99 million and total investments at fair value of $2,205.01 million as of June 30, 2025, up from $2,082.66 million in December 2024, showing portfolio growth. For the six months ended June 30, 2025 the Company recorded investment income of $112.54 million (versus $98.95 million a year earlier) and net investment income of $57.45 million, roughly in line with prior-year levels.
The period included $9.43 million of net realized and unrealized losses (six months) versus a $0.74 million gain a year earlier, driving a decline in net assets to $1,157.33 million and NAV to $16.37 per share from $16.70. Liabilities rose to $1,098.66 million primarily from higher borrowings on revolving facilities (Revolving Funding Facility $574.0M and Revolving Funding Facility II $181.0M). Level 3 holdings represented $1,995.93 million of fair value and 6.5% of total assets were non-qualifying investments.