KBDC

Kayne Anderson BDC, Inc. (NYSE:KBDC) is a business development company that provides debt financing to middle-market companies in the United States. Founded as a specialized investment vehicle, the company focuses on lending to established businesses with annual earnings before interest, taxes, depreciation, and amortization (EBITDA) between $10 million and $150 million. As a BDC, Kayne Anderson operates under specific regulatory requirements that mandate distributing substantially all of its net investment income to shareholders as dividends, making it an income-focused investment vehicle for investors seeking regular distributions from private credit investments.