---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-21-039371"
form_type: "8-K"
ticker: "BBDC"
cik: "0001379785"
company_name: "Barings BDC, Inc."
filed_at: "2021-11-24T23:59:59+00:00"
generated_at: "2026-06-28T05:26:45.115552+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Barings BDC issues $350M of 3.300% notes due 2026; net proceeds ~$343.6M

## Summary
- Issued $350M principal of 3.300% notes maturing Nov 23, 2026; interest payable semi-annually on May 23 and Nov 23.
- Net proceeds ~$343.6M after discount and expenses; to repay debt (incl. revolving credit facility), fund investments, and for general corporate.
- Notes are unsecured, rank pari passu with other unsecured unsubordinated debt, and structurally junior to subsidiary debt.
- Registration rights agreement obligates company to file exchange offer or shelf registration; failure triggers additional interest.
- Indenture includes asset coverage covenant per Investment Company Act and financial reporting if no longer subject to Exchange Act.

## SEC filing metadata
- accession: 0001140361-21-039371
- form_type: 8-K
- ticker: BBDC
- cik: 0001379785
- company_name: Barings BDC, Inc.
- filed_at: 2021-11-24T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1379785/000114036121039371/0001140361-21-039371-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1379785/000114036121039371/brhc10031170_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-21-039371
- JSON: https://secwatch.observer/filing/0001140361-21-039371.json
- Plain text: https://secwatch.observer/filing/0001140361-21-039371.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.