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Kayne Anderson BDC, Inc. ( (KBDC) ) has issued an update.
On September 9, 2025, Kayne Anderson BDC, Inc. announced the successful closing of a $200 million private placement offering of senior unsecured notes, comprising Series C, D, and E Notes. The proceeds, expected to be funded on October 15, 2025, will be used to refinance existing debt and for general corporate purposes. The company also entered into interest rate swaps for Series D and E Notes to align interest rates with its predominantly floating rate loan portfolio, designating these swaps as hedging instruments in a qualifying hedge accounting relationship.
The most recent analyst rating on (KBDC) stock is a Buy with a $16.00 price target. To see the full list of analyst forecasts on Kayne Anderson BDC, Inc. stock, see the KBDC Stock Forecast page.
Spark’s Take on KBDC Stock
According to Spark, TipRanks’ AI Analyst, KBDC is a Neutral.
Kayne Anderson BDC, Inc. receives a moderate score due to strong valuation metrics and strategic investments highlighted in the earnings call. However, financial performance concerns, particularly negative cash flows and bearish technical indicators, weigh down the overall score.
To see Spark’s full report on KBDC stock, click here.
More about Kayne Anderson BDC, Inc.
Kayne Anderson BDC, Inc. is a business development company that primarily invests in first lien senior secured loans, with a secondary focus on unitranche and split-lien loans to middle market companies. It is managed by KA Credit Advisors, LLC, a subsidiary of Kayne Anderson Capital Advisors, L.P., and aims to generate current income and capital appreciation.
Average Trading Volume: 145,034
Technical Sentiment Signal: Sell
For detailed information about KBDC stock, go to TipRanks’ Stock Analysis page.