Kayne Anderson BDC Announces $200 Million Private Placement

Kayne Anderson BDC has agreed to a private placement of $200 million. The company's investment objective is to generate current income and capital appreciation through debt investments in middle-market companies, primarily in first lien senior secured loans and unitranche/split-lien loans. KA Credit Advisors will serve as the investment advisor.

Kayne Anderson BDC, Inc. (NYSE: KBDC) has recently agreed to a private placement of $200 million. The company's investment objective is to generate current income and capital appreciation through debt investments in middle-market companies, primarily in first lien senior secured loans and unitranche/split-lien loans. KA Credit Advisors will serve as the investment advisor for the placement [1].

The private placement, which is expected to be completed in the near future, will provide Kayne Anderson BDC with additional capital to expand its investment portfolio. The funds will be used to support the company's strategy of investing in debt securities of middle-market companies, which are typically characterized by their strong financial positions and growth potential.

Kayne Anderson BDC has a history of generating attractive returns for its investors through its debt investment strategy. The company's portfolio is currently composed of a diversified mix of first lien senior secured loans and unitranche/split-lien loans, which offer a combination of income and capital appreciation opportunities.

The company's recent agreement to the private placement reflects the continued confidence of investors in Kayne Anderson BDC's investment strategy. The company's strong track record and experienced management team have positioned it as a reliable option for investors seeking exposure to the debt market.

In addition to the private placement, Kayne Anderson BDC has recently announced a quarterly dividend of $0.40 per share, with an annualized payout yielding 10.6%. The dividend is scheduled for distribution on October 16th [1].

The company's most recent earnings report also showed strong financial performance. Kayne Anderson BDC reported $0.40 earnings per share for the quarter, missing analysts' consensus estimates of $0.41 by ($0.01). The company had a net margin of 52.99% and a return on equity of 10.90%. The firm had revenue of $57.30 million during the quarter, compared to the consensus estimate of $49.37 million [1].

In summary, Kayne Anderson BDC's recent private placement of $200 million is a significant development for the company and its investors. The additional capital will enable the company to expand its investment portfolio and continue its strategy of investing in debt securities of middle-market companies. The company's strong financial performance and experienced management team position it as a reliable option for investors seeking exposure to the debt market.

References:

[1] https://www.marketbeat.com/instant-alerts/filing-equitec-proprietary-markets-llc-buys-shares-of-81332-kayne-anderson-bdc-inc-kbdc-2025-08-23/