KBRA Assigns Rating to Kayne Anderson BDC, Inc.'s $200 Million Senior Unsecured Notes Due 2028 and 2030 - Candlesense

KBRA Assigns Rating to Kayne Anderson BDC, Inc.'s $200 Million Senior Unsecured Notes Due 2028 and 2030

(NYSE:KBDC) NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a rating of BBB to Kayne Anderson BDC, Inc.'s (NYSE: KBDC or "the company") $40 million floating rate senior unsecured notes due 2028, $60 million 5.80% senior unsecured notes due 2028, and $100 million 6.15% senior unsecured notes due 2030. The rating Outlook is Stable. The proceeds will be used to repay existing indebtedness and general corporate purposes. Key Credit Considerations The rating is supported by KBDC’s diversified ~$2.2 billion investment p