Kayne Anderson BDC, Inc. is an externally managed, closed-end, non-diversified management investment company that has elected to be regulated as a business development company (“BDC”) under the Investment Company Act of 1940, as amended (the “1940 Act”). In addition, for U.S. federal income tax purposes, the Company intends to continue to be treated as and to qualify as a regulated investment company (“RIC”) under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”). The Company’s investment objective is to generate current income and, to a lesser extent, capital appreciation. The Company intends to achieve its investment objective by investing primarily in first lien senior secured and unitranche loans to privately held middle-market companies.
Company profile
Employees
Incorporated
Location
Fiscal year end
Industry
Former names
Kayne Anderson BDC, LLC
SEC CIK
Corporate docs
Subsidiaries
Kayne Anderson BDC Financing, LLC ...
IRS number
830531326
Latest filings (excl ownership)
8-K
Kayne Anderson BDC, Inc. Announces the Appointment of Jim Robo as Chairman of the Board of Directors
27 Jan 23
8-K
Other Events
24 Jan 23
8-K
Other Events
6 Jan 23
8-K
Unregistered Sales of Equity Securities
15 Dec 22
8-K
Other Events
22 Nov 22
10-Q
2022 Q3
Quarterly report
14 Nov 22
8-K
Departure of Directors or Certain Officers
14 Nov 22
8-K
Unregistered Sales of Equity Securities
4 Nov 22
10-Q
2022 Q2
Quarterly report
15 Aug 22
8-K
Unregistered Sales of Equity Securities
28 Jul 22
Financial summary
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| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | |
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 15.27 mm | 15.27 mm | 15.27 mm | 15.27 mm | 15.27 mm | |
| Cash burn (monthly) | (no burn) | 6.17 mm | 1.54 mm | 945.33 k | 236.33 k | |
| Cash used (since last report) | n/a | 25.85 mm | 6.46 mm | 3.96 mm | 989.64 k | |
| Cash remaining | n/a | -10.58 mm | 8.81 mm | 11.31 mm | 14.28 mm | |
| Runway (months of cash) | n/a | -1.7 | 5.7 | 12.0 | 60.4 | |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 31 Dec 22 | Albert Rabil | Common Stock | Buy | Acquire P | Yes | No | 16.4202 | 22,945.159 | 376.76 k | 269,081.437 |
| 9 Dec 22 | Quinn Terry | Common Stock | Buy | Acquire P | No | No | 16.8858 | 1,282.32 | 21.65 k | 16,061.622 |
| 9 Dec 22 | Goodwillie Doug | Common Stock | Buy | Acquire P | No | No | 16.8858 | 1,099.148 | 18.56 k | 12,885.949 |
| 9 Dec 22 | Leonard Ken | Common Stock | Buy | Acquire P | Yes | No | 16.8858 | 4,030.132 | 68.05 k | 48,071.024 |