---
schema_version: "secwatch.filing_event.v1"
accession: "0001859919-26-000016"
form_type: "8-K"
ticker: null
cik: "0001859919"
company_name: "Barings Private Credit Corp"
filed_at: "2026-02-06T23:59:59+00:00"
generated_at: "2026-05-16T04:08:48.276674+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Barings Private Credit issues $350M 5.750% notes due 2029, net proceeds ~$344.2M

## Summary
- $350M aggregate principal of 5.750% notes due Feb 6, 2029; net proceeds ~$344.2M.
- Notes are unsecured senior obligations; rank pari passu with existing unsecured debt.
- Proceeds to repay credit facilities, invest in portfolio companies, and general corporate purposes.
- Entered interest rate swap with $350M notional: receive 5.750%, pay SOFR+2.383% semi-annually.
- Registration rights agreement requires exchange offer registration within 365 days; failure triggers additional interest.

## SEC filing metadata
- accession: 0001859919-26-000016
- form_type: 8-K
- cik: 0001859919
- company_name: Barings Private Credit Corp
- filed_at: 2026-02-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1859919/000185991926000016/0001859919-26-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1859919/000185991926000016/bdc-20260206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001859919-26-000016
- JSON: https://secwatch.observer/filing/0001859919-26-000016.json
- Plain text: https://secwatch.observer/filing/0001859919-26-000016.txt

## Key facts
- Debt Financings
  Barings Private Credit Corp incurred senior notes of $350,000,000 with U.S. Bank Trust Company, National Association at 5.750% maturing February 6, 2029.
  - Instrument: senior notes
  - Principal: $350,000,000
  - Counterparty: U.S. Bank Trust Company, National Association
  - Rate: 5.750%
  - Maturity: February 6, 2029
  - Event: incurrence
  source text: The Second Supplemental Indenture relates to the Company’s issuance of $350,000,000 in aggregate principal amount of its 5.750% notes due 2029 (the “Notes”). The Notes will mature on February 6, 2029
  evidence_url: https://www.sec.gov/Archives/edgar/data/1859919/000185991926000016/0001859919-26-000016-index.htm
- Material Agreements
  Barings Private Credit Corp entered into Second Supplemental Indenture with U.S. Bank Trust Company, National Association valued at $350,000,000 in aggregate principal amount (effective 2026-02-06).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: U.S. Bank Trust Company, National Association
  - Value: $350,000,000 in aggregate principal amount
  - Effective: 2026-02-06
  source text: Barings Private Credit Corporation (the “Company”) and U.S. Bank Trust Company, National Association (the “Trustee”) entered into a Second Supplemental Indenture, dated February 6, 2026 (the “Second Supplemental Indenture"), to the Indenture between the Company and the Trustee, dated June 11, 2025 (the “Base Indenture” and, together with the Second Supplemental Indenture , the “Indenture” ).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1859919/000185991926000016/0001859919-26-000016-index.htm
- Material Agreements
  Barings Private Credit Corp entered into Registration Rights Agreement with SMBC Nikko Securities America, Inc., BNP Paribas Securities Corp., ING Financial Markets LLC and Wells Fargo Securities, LLC, as the representatives of the Initial Purchasers (effective 2026-02-06).
  - Action: entry
  - Counterparty: SMBC Nikko Securities America, Inc., BNP Paribas Securities Corp., ING Financial Markets LLC and Wells Fargo Securities, LLC, as the representatives of the Initial Purchasers
  - Effective: 2026-02-06
  source text: the Company entered into a Registration Rights Agreement, dated as of February 6, 2026 (the “Registration Rights Agreement”), with SMBC Nikko Securities America, Inc., BNP Paribas Securities Corp., ING Financial Markets LLC and Wells Fargo Securities, LLC, as the representatives of the Initial Purchasers.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1859919/000185991926000016/0001859919-26-000016-index.htm

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