UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 8.01. Other Events.
On February 5, 2025, Kayne Anderson BDC, Inc. (the “Company”) and Kayne Anderson BDC Financing II, LLC (“KABDCF II”), a wholly-owned, special purpose financing subsidiary, entered into an amendment of its senior secured revolving credit facility (the “Revolving Funding Facility II”). Under the terms of the amendment, the lenders increased their commitment from $150 million to $250 million and decreased the interest rate on borrowings outstanding from 3-month term SOFR plus 2.70% to 3-month SOFR plus 2.25%. All other terms of the Revolving Funding Facility II remain substantially the same.
The foregoing description is only a summary of the material provisions of the amendment to the Revolving Funding Facility II and is qualified in its entirety by reference to a copy of the agreement conformed through this amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated by reference herein.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit Number |
Description | |
| 10.1 | Loan and Security Agreement, dated as of December 22, 2023, among Kayne Anderson BDC Financing II, LLC, as Company, Kayne Anderson BDC, Inc., as Parent, the lenders party hereto, the collateral administrator, collateral agent and securities intermediary party hereto, JPMorgan Chase Bank, National Association, as Administrative Agent. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| KAYNE ANDERSON BDC, INC. | ||
| Date: February 7, 2025 | By: | /s/ Terry A. Hart |
| Name: | Terry A. Hart | |
| Title: | Chief Financial Officer and Treasurer | |
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