Kayne Anderson Bdc, Inc IPOs Tomorrow, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Kayne Anderson BDC, Inc (NYSE:KBDC) is set to IPO on May 22 on the NYSE, offering shares at an expected price of $16.63 per share. The insider lock-up period will end on November 18, 2024. The company primarily invests in first lien senior secured loans and has a secondary focus on unitranche and split-lien loans to private middle market companies.
May 21, 2024 | 3:00 pm
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Kayne Anderson BDC, Inc is set to IPO on May 22 at $16.63 per share. The company focuses on first lien senior secured loans and has a 180-day insider lock-up period ending on November 18, 2024.
The IPO of Kayne Anderson BDC, Inc is likely to generate investor interest due to its focus on first lien senior secured loans, which are generally considered lower risk. The insider lock-up period ending in November 2024 may also impact stock price movements post-IPO.
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