UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Delaware 83-0531326 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) Title of each class Trading Symbol(s) Name of each exchange on which registered None None None FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE A ...

投资组合概况 - 公司截至2023年3月31日拥有180笔债务投资和13笔股权投资，涉及71家投资组合公司，总公允价值约为12.54亿美元，摊余成本为12.37亿美元[175] - 按公允价值计算，投资组合中贸易公司和分销商占比最高，为14.1%，其次是商业服务和用品占11.2%[182] 投资收益率 - 公司债务及创收证券的加权平均到期收益率按公允价值计算为11.9%，按摊余成本计算为12.0%[176] 新增投资活动 - 2023年第一季度新增投资承诺总额为8850万美元，净投资承诺为7610万美元[178] - 2023年第一季度投资活动：私人信贷投资1.05亿美元，无流动信贷投资[178] 股权与股息 - 2023年4月4日公司出售3,010,942股普通股，总发行价为5000万美元[173] - 2023年4月14日公司支付每股0.47美元的股息，总股息为1690万美元，110万美元通过购买65,733股普通股再投资于公司[173] - 截至2023年5月10日，公司获得投资者8.526亿美元的资本承诺购买普通股（其中2.349亿美元未提取）[174] 投资收益与费用 - 2023年第一季度总投资收益为3640万美元，净投资收益为1930万美元[185] - 2023年第一季度运营费用为1710万美元，其中利息和债务融资费用为1150万美元[186] 投资组合估值变动 - 截至2023年3月31日，公司投资组合的未实现净收益为100万美元，其中未实现收益360万美元，未实现亏损350万美元[187] - 2023年第一季度，公司投资组合中Techniks Holdings等10家公司的未实现增值合计360万美元，其中Techniks Holdings贡献60万美元[189] - 2023年第一季度，公司投资组合中Peak Technologies等10家公司的未实现贬值合计350万美元，其中4家公司各造成30万美元亏损[190] 资本结构与流动性 - 截至2023年3月31日，公司资产覆盖率为190%，较2022年底的203%有所下降，目标区间为180%-200%[193] - 截至2023年3月31日，公司信贷设施借款6.64亿美元，现金及等价物2640万美元（含710万美元预收股票发行款）[195] - 截至2023年5月10日，公司未动用资本承诺2.349亿美元，总资本承诺8.526亿美元中已到位72.4%（6.177亿美元）[196] 信贷安排 - 公司企业信贷设施总承诺4亿美元，利率为Term SOFR+2.35%，可扩容至5.5亿美元[197] - 循环融资设施总承诺3.5亿美元，利率为每日SOFR+2.75%[198] - 认购信贷协议允许季度借款最高1.25亿美元，利率为Term SOFR+1.975%（下限0.275%）[199] 表外安排 - 截至2023年3月31日，公司表外安排包括对投资组合公司1.357亿美元的未拨付债务融资承诺[201] 估值与审计 - 第三方估值公司每季度审查公司25%的投资估值方法和计算，并对所有Level 3投资每年至少独立估值一次[207] - 审计委员会每季度审查顾问公司的公允价值确定、流程和书面报告，作为董事会监督职责的一部分[208] 收入确认与费用结构 - 公司采用权责发生制记录利息收入，若投资组合估值显示PIK利息不可收回则不确认该利息[211] - 投资顾问协议规定基础管理费基于投资公允价值计算，并包含基于业绩的激励费用[212][213] - 激励费用在交易所上市前仅作为应计项目，上市后或公司出售/清算时支付[214] 利率风险对冲 - 利率变动模拟显示：基准利率上升200基点将使净投资收入增加1170万美元，下降200基点则减少1170万美元[219] - 公司可能使用期货、期权等对冲工具应对利率波动风险，但会限制固定利率投资组合的收益空间[220]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 814-01363 Kayne Anderson BDC, Inc. (Exact name of registrant as specified in its charter) Delaware 83-0531326 (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. E ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 814-01363 Kayne Anderson BDC, Inc. | Delaware | 83-0531326 | | --- | --- | | (State or other jurisdiction of | (I.R.S. Employer | | incorporation or organization) | Identifica ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 814-01363 Kayne Anderson BDC, Inc. | Delaware | 83-0531326 | | --- | --- | | (State or other jurisdiction of | (I.R.S. Employer | | incorporation or organization) | Identification ...

(Registrant's telephone number, including area code) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 814-01363 Kayne Anderson BDC, Inc. | Delaware | 83-0531326 | | --- | --- | | (State or other jurisdiction of | (I.R.S. Employe ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 814-01363 Kayne Anderson BDC, Inc. (Exact name of registrant as specified in its charter) | Delaware | 83-0531326 | | --- | --- | | (State or Other Jurisdiction of | (I.R.S. Employer ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 000-56201 Kayne Anderson BDC, Inc. | Delaware | 83-0531326 | | --- | --- | | (State or other jurisdiction of | (I.R.S. Employer | | incorporation or organization) | Identifica ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 000-56201 Kayne Anderson BDC, Inc. | Delaware | 83-0531326 | | --- | --- | | (State or other jurisdiction of | (I.R.S. Employer | | incorporation or organization) | Identification ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 000-56201 Kayne Anderson BDC, Inc. | Delaware | 83-0531326 | | --- | --- | | (State or other jurisdiction of | (I.R.S. Employer | | incorporation or organization) | Identification ...