{"schema_version":"secwatch.filing_event.v1","accession":"0001859919-25-000049","form_type":"8-K","ticker":null,"cik":"0001859919","company_name":"Barings Private Credit Corp","filed_at":"2025-06-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.219614+00:00","generated_at":"2026-05-19T11:13:39.934533+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Barings Private Credit issues $400M 6.150% notes due 2030, net proceeds ~$390.2M","bullets":["Issued $400M of 6.150% notes due June 11, 2030; interest payable semi-annually on June 11 and Dec 11.","Net proceeds of ~$390.2M after initial purchaser discount and offering expenses.","Proceeds used to repay credit facilities, make portfolio investments, and for general corporate purposes.","Notes are unsecured, rank pari passu with other unsecured unsubordinated debt, and structurally junior to subsidiary debt.","Company obligated to file exchange offer registration statement within 365 days or pay additional interest."],"urls":{"canonical":"https://secwatch.observer/filing/0001859919-25-000049","json":"https://secwatch.observer/filing/0001859919-25-000049.json","markdown":"https://secwatch.observer/filing/0001859919-25-000049.md","text":"https://secwatch.observer/filing/0001859919-25-000049.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1859919/000185991925000049/0001859919-25-000049-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1859919/000185991925000049/bdc-20250611.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T11:13:39.934533+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"148719b52b322fc02a29614db7d05deea8ec7a5b","claim":"Barings Private Credit Corp incurred senior notes of $400,000,000 with U.S. Bank Trust Company, National Association at 6.150% maturing June 11, 2030.","evidence_excerpt":"The First Supplemental Indenture relates to the Company’s issuance of $400,000,000 in aggregate principal amount of its 6.150% notes due 2030 (the “Notes”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1859919/000185991925000049/0001859919-25-000049-index.htm","confidence":0.99,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$400,000,000"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Rate","value":"6.150%"},{"label":"Maturity","value":"June 11, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}