Kayne anderson bdc, inc. announces amendment of its corporate credit facility to extend the maturity date and reduce borrowing costs

Chicago--(business wire)--kayne anderson bdc, inc. (nyse: kbdc) (“kbdc”) (the “company”) announced the amendment of its senior secured revolving credit facility (the “corporate credit facility”). the amendment added a new lender and extended the maturity date on the existing $400 million of aggregate commitments to november 22, 2029. an additional commitment of $75 million has a maturity date of february 18, 2027. the corporate credit facility allows the company, under certain circumstances, to.
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