other material
confidence high
sentiment neutral
materiality 0.50
Barings BDC cancels reconvened meeting; below-NAV issuance proposal fails
Barings BDC, Inc.
- Board voted June 29 to cancel July 2 reconvened annual meeting on Proposal No. 2.
- Proposal to authorize below-NAV share sales (up to 30% of outstanding) will not pass.
- Three Class III directors were re-elected at May 7 annual meeting; no other action taken.