---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-026243"
form_type: "8-K"
ticker: null
cik: "0001859919"
company_name: "Barings Private Credit Corp"
filed_at: "2024-05-15T23:59:59+00:00"
generated_at: "2026-06-01T23:37:08.491625+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Barings Private Credit amends revolver; extends maturity to May 2029, adjusts pricing

## Summary
- Fifth Amendment extends borrowing period to May 2027 and maturity to May 2029.
- Interest rate set at Term SOFR plus 2.50% (reinvestment period) or 3.00% (post-reinvestment).
- Unused fee increased to up to 1.375% (through Mar 2025) then 2.00% per annum.
- Canadian dollar advances benchmark changed from CDOR to Daily Compounded CORRA.
- Concentration limitations amended; no default or event of default occurred.

## SEC filing metadata
- accession: 0001140361-24-026243
- form_type: 8-K
- cik: 0001859919
- company_name: Barings Private Credit Corp
- filed_at: 2024-05-15T23:59:59+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/1859919/000114036124026243/0001140361-24-026243-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1859919/000114036124026243/ef20029171_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-026243
- JSON: https://secwatch.observer/filing/0001140361-24-026243.json
- Plain text: https://secwatch.observer/filing/0001140361-24-026243.txt

## Key facts
- Material Agreements
  Barings Private Credit Corp amended Fifth Amendment with BNP Paribas, State Street Bank and Trust Company, and the lenders party thereto (effective 2024-05-09).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: BNP Paribas, State Street Bank and Trust Company, and the lenders party thereto
  - Effective: 2024-05-09
  source text: On May 9, 2024, Barings Private Credit Corporation (the “Company”) and BPC Funding LLC (“BPC Funding”), a wholly-owned subsidiary of the Company, entered into the Fifth Amendment (the “Fifth Amendment”) to the Revolving Credit and Security Agreement (the “Revolving Credit Agreement”), dated May 11, 2021, by and among BPC Funding, as borrower, the Company, as the equityholder and the servicer, BNP Paribas (“BNPP”), as administrative agent, State Street Bank and Trust Company, as collateral agent, and each of the lenders from time to time party thereto.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1859919/000114036124026243/0001140361-24-026243-index.htm

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