Earnings summaries and quarterly performance for Kayne Anderson BDC.
Executive leadership at Kayne Anderson BDC.
Doug Goodwillie
Co-Chief Executive Officer
Ken Leonard
Co-Chief Executive Officer
Andy Wedderburn-Maxwell
Senior Vice President
Frank Karl
President
John Riley
Vice President
Michael O’Neil
Chief Compliance Officer and Secretary
Terrence Quinn
Vice Chairman
Terry Hart
Chief Financial Officer and Treasurer
Board of directors at Kayne Anderson BDC.
Research analysts who have asked questions during Kayne Anderson BDC earnings calls.
Derek Hewett
Bank of America
2 questions for KBDC
Douglas Harter
UBS
2 questions for KBDC
Finian O'Shea
Wells Fargo Securities
2 questions for KBDC
Kenneth Lee
RBC Capital Markets
2 questions for KBDC
Paul Johnson
Keefe, Bruyette & Woods
2 questions for KBDC
Cory Johnson
UBS
1 question for KBDC
Recent press releases and 8-K filings for KBDC.
- Kayne Anderson BDC, Inc. reported net investment income of $30.0 million, or $0.43 per share, and a net asset value of $16.34 per share for the third quarter ended September 30, 2025.
- The company declared a regular dividend of $0.40 per share for the fourth quarter of 2025, to be paid on January 16, 2026.
- During the quarter ended September 30, 2025, KBDC made new private credit and equity co-investment commitments of $295.5 million and repurchased 950,191 shares for $13.9 million.
- The portfolio is defensively positioned with 94% invested in first-lien senior secured loans, and a non-accrual rate of 1.4% as of September 30, 2025.
- Frank Karl was promoted to President and Andy Wedderburn-Maxwell was appointed Senior Vice President, effective November 10, 2025.
- Kayne Anderson BDC, Inc. entered into a conditional agreement on August 22, 2025, for a $200 million private placement of senior unsecured notes, with an expected closing on or about September 9, 2025.
- The net proceeds from this offering will be used to refinance existing debt and for general corporate purposes.
- Details of the notes are provided below :
| Metric | Series C Notes | Series D Notes | Series E Notes |
|---|---|---|---|
| Principal Amount ($USD Millions) | $40 | $60 | $100 |
| Interest Rate | SOFR + 2.32% | 5.80% | 6.15% |
| Maturity | June 2028 | June 2028 | October 2030 |
- The Company also entered into interest rate swaps for the Series D and E Notes to align interest rates with its predominantly floating rate investment portfolio.
Quarterly earnings call transcripts for Kayne Anderson BDC.
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