Highest-materiality recent filing
Barings BDC Q2 2026 NII $0.28/share; declares $0.26 dividend
Net investment income $29.0M ($0.28/share) vs $25.9M ($0.25/share) in Q1 2026.
Termination of Prior CSA results in $67,027,611 cash payment from Barings LLC to BBDC by June 30, 2026.
Barings BDC Q1 NII $0.25/shr, NAV $11.02; dividend $0.26 unchanged
Net investment income $25.9M ($0.25/shr) vs Q4 2025 $28.0M ($0.27/shr); net realized losses $10.8M.
Barings BDC Q4 NII $28M ($0.27/shr), portfolio yield 9.5%; declares $0.26 dividend
Q4 net investment income $28.0M ($0.27/shr), down from $33.6M ($0.32/shr) in Q3 2025.
Barings BDC amends credit facility, adds €85M term loan, extends maturity to 2030
Revolving period extended from Nov 5, 2028 to Nov 13, 2029; stated maturity extended to Nov 13, 2030.
Barings BDC reports Q3 2025 net investment income of $0.32 per share, NAV at $11.10
Net investment income of $33.6 million ($0.32 per share) for Q3 2025, covering regular and special dividends.
Barings BDC CEO Eric Lloyd to Resign; Thomas McDonnell Appointed CEO Effective January 1, 2026
CEO Eric Lloyd notified his resignation effective December 31, 2025; he will continue as Executive Chairman.
Barings BDC declares $0.26 quarterly dividend, Q3 earnings call set for Nov 7
Board declared Q4 2025 cash dividend of $0.26 per share, payable Dec 10, 2025 to holders of record Dec 3.
Barings BDC issues $300M 5.200% notes due 2028, net proceeds ~$294.7M to repay credit facility
$300M aggregate principal of 5.200% notes due Sept 15, 2028; semi-annual interest starting Mar 15, 2026.
Barings BDC issues $300M of 5.200% senior notes due 2028
Issued $300M aggregate principal of 5.200% senior unsecured notes maturing 2028.
Barings BDC Q2 NII $0.28/share, covers $0.26 regular dividend; NAV $11.18
Net investment income of $29.8M ($0.28/share) vs. $26.4M ($0.25) in Q1 2025.
Barings BDC reports Q1 NII $0.25/share, NAV flat at $11.29; quarterly dividend $0.26
Net investment income $26.4M ($0.25/share); net increase from operations $32.6M ($0.31/share).
Barings BDC Q4 NII $0.28/share; declares quarterly $0.26 and special $0.15 dividends
Record full year NII $131.2M ($1.24/share); Q4 NII $29.5M ($0.28/share) exceeded quarterly dividend.
Extended revolving period to November 2028 and stated maturity to November 2029 from prior 2025/2026 dates.
Barings BDC Q3 NII $0.29/sh covers $0.26 dividend; credit facility amended to 2029
NII $30.2M ($0.29/sh) down from $42.1M ($0.40) in Q2; total investment income $70.9M.
Barings BDC cancels reconvened annual meeting; below-NAV share proposal fails
Board voted June 29 to cancel July 2 reconvened meeting on Proposal No. 2 (below-NAV share issuance).
Barings BDC Q2 NII $0.40/share ($42.1M); declares $0.26 dividend; NAV $11.36
Net investment income $42.1M ($0.40/share) in Q2 2024, up from $29.4M ($0.28/share) in Q1 2024.
Barings BDC cancels reconvened meeting; below-NAV issuance proposal fails
Board voted June 29 to cancel July 2 reconvened annual meeting on Proposal No. 2.
Barings BDC Q1 NII $0.28/shr, NAV $11.44; declares $0.26 dividend
Net investment income $29.4M ($0.28/shr), down from $33.4M ($0.31) in Q4 2023.
Barings BDC announces new investment committee members for North America, Europe, APAC
North America Private Finance Investment Committee: Bryan High, Stuart Mathieson, Terry Harris, Brianne Ptacek.
Barings BDC Chief Accounting Officer Michael DeSieno resigns; CFO Elizabeth Murray to take over
Michael DeSieno notified resignation as CAO on March 14, 2024, effective March 21, 2024, to pursue other opportunities.
Barings BDC appoints Matthew Freund as President following Ian Fowler's resignation
Ian Fowler resigned as President effective March 8, 2024; Board appointed Matthew Freund effective March 10, 2024.
Barings BDC Q4 NII $0.31/share, full-year $1.19; declares $0.26 dividend
Q4 net investment income $33.4M ($0.31/sh); total investment income $75.8M; net increase in net assets $29.9M ($0.28/sh).
Barings BDC issues $300M 7.000% senior notes due 2029; proceeds to repay credit facility
$300M aggregate principal of 7.000% senior unsecured notes due Feb 15, 2029.
Barings BDC reports preliminary Q4 NII $0.30-$0.32; NAV $11.25-$11.29
Preliminary NII $0.30-$0.32/share; net increase from operations $0.25-$0.29/share.
Barings BDC Q3 NII $0.31/sh beats $0.26 dividend; NAV $11.25
Net investment income $33.3M ($0.31/sh); total investment income $70.8M.
Barings BDC holds 2023 Investor Day; presentation furnished but content not included in filing
Barings BDC (BBDC) held its 2023 Investor Day on Oct 4-6, 2023.
Barings BDC Q2 NII $0.31/sh; NAV up 1.5% to $11.34; dividend raised to $0.26
Net investment income $33.6M ($0.31/sh) vs $27.5M ($0.25/sh) in Q1 2023.
Barings BDC extends ING Credit Facility maturity to February 2026
Fourth Amendment to ING Credit Facility signed May 9, 2023.
Net investment income $27.5M ($0.25/share), total investment income $67.2M; net increase from operations $39.7M ($0.37).
CFO Jonathan Landsberg steps down; Elizabeth Murray appointed as new CFO
Jonathan Landsberg resigned as CFO effective April 4, 2023, to pursue other opportunities; no disagreement with the company.
Barings BDC Q4 NII $0.34/sh, dividend raised to $0.25, new $30M buyback
Q4 2022 net investment income $37.0M ($0.34/sh); full-year NII $115.7M ($1.12/sh).
Barings BDC CEO Jonathan Bock steps down; Eric Lloyd appointed as successor
CEO Jonathan Bock resigns effective Dec 16, 2022, to pursue other business opportunities.
Barings BDC CCO Benjamin Tecmire resigns; Christopher DeFrancis named interim
Benjamin Tecmire resigns as Chief Compliance Officer effective Dec. 9, 2022; not due to any disagreement.
Barings BDC Q3 NII $0.26/share; guides Q4 NII at least $0.27; dividend $0.24
Net investment income $27.9M ($0.26/share); net increase in net assets $9.9M ($0.09/share).
Barings BDC appoints Benjamin Tecmire as Chief Compliance Officer, replacing Michael Cowart
Michael Cowart resigned as CCO effective Sept. 16, 2022; resignation not due to any disagreement.
Barings BDC Q2 2022 NII $0.29/share; NAV $11.41, down from $11.86; dividend $0.24
Net investment income $31.8M ($0.29/share) vs $19.0M ($0.23/share) in Q1 2022.
Barings BDC shareholders approve below-NAV share issuance at reconvened annual meeting
Proposal passed with 54,197,606 votes for, 7,847,791 against, 2,698,789 abstain.
Barings BDC Q1 NII $0.23/shr, NAV $11.86, raises quarterly dividend to $0.24
Q1 2022 net investment income $19.0M ($0.23/shr); net increase in net assets $21.0M ($0.25/shr).
Barings BDC upsizes credit facility to $965M, extends maturity to 2025
Third Amendment increases lender commitments to $965M; accordion expanded to $1.5B.
Barings BDC completes merger with Sierra Income; combined AUM > $2.7B
Merger closed Feb 25, 2022; Sierra shareholders receive 0.44973 BBDC shares + $0.9783641 cash per share.
Barings BDC amends credit facility: commitments raised to $965M, maturity extended to 2025
Total lender commitments increased to $965 million, with option to request up to $1.5 billion.
Barings BDC shareholders approve merger with Sierra Income Corp; vote results reported
Proposal 1 (approve share issuance for merger): 41,484,169 For, 588,782 Against, 207,462 Abstain.
Barings BDC reports Q4 NII $0.23/shr, raises quarterly dividend to $0.23
Q4 2021 net investment income of $15.2M ($0.23/shr), revenue $36.6M.
Barings BDC increases quarterly dividend to $0.23/share, up 4.5% from Q4 2021
Board declared $0.23/share cash dividend for Q1 ending March 31, 2022, a 4.5% increase.
Barings BDC issues $350M of 3.300% notes due 2026; net proceeds ~$343.6M
Issued $350M principal of 3.300% notes maturing Nov 23, 2026; interest payable semi-annually on May 23 and Nov 23.
Barings BDC pro forma NAV per share rises to $11.75 in Sierra acquisition capitalization update
Pro forma net assets of $1.31B and NAV per share of $11.75, versus BBDC actual $11.40 and Sierra actual $5.32 as of 9/30/21.
Barings BDC prices $350M 3.300% unsecured notes due 2026
Principal $350M, coupon 3.300%, maturity Nov 23, 2026; make-whole call at issuer's option.
Barings BDC Q3 NII $0.23/sh; increases quarterly dividend to $0.22/sh
Net investment income $14.9M ($0.23/sh) vs $14.6M ($0.22/sh) in Q2.
Barings BDC to acquire Sierra Income in stock/cash deal valued at ~$624M NAV
Sierra shareholders receive 0.44973 BBDC shares + $0.98 cash per share; total ~$6.10 per Sierra share based on NAV.
Elizabeth Murray, the Company’s Chief Financial Officer and Chief Operating Officer, will serve as the Company’s principal accounting officer.
On March 14, 2024, Michael DeSieno notified Barings BDC, Inc. (the “Company”) of his resignation as the Company’s Chief Accounting Officer, effective as of the close of business on March 21, 2024, to pursue other business opportunities.
On March 8, 2024, Ian Fowler resigned from his position as President of Barings BDC, Inc. (the “Company”), effective immediately, to pursue other business opportunities and, after his resignation, the Company’s Board of Directors appointed Matthew Freund as President of the Company, effective March 10, 2024.
On March 8, 2024, Ian Fowler resigned from his position as President of Barings BDC, Inc. (the “Company”), effective immediately, to pursue other business opportunities and, after his resignation, the Company’s Board of Directors appointed Matthew Freund as President of the Company, effective March 10, 2024.
On March 30, 20223, Jonathan Landsberg notified Barings BDC, Inc. (the “Company”) that he will step down as the Company’s Chief Financial Officer, effective as of the close of business on April 4, 2023, to pursue other business opportunities.
On April 3, 2023, the Company’s Board of Directors appointed Elizabeth Murray as Chief Financial Officer of the Company, effective as of the close of business on April 4, 2023.
On December 14, 2022, the Company’s Board of Directors appointed Eric Lloyd as Chief Executive Officer of the Company, effective as of the close of business on December 16, 2022.
Jonathan Bock notified Barings BDC, Inc. (the “Company”) that he will step down as the Company’s Chief Executive Officer, effective as of the close of business on December 16, 2022, to pursue other business opportunities.
On December 1, 2022, the Company’s Board of Directors appointed Christopher DeFrancis to serve as interim Chief Compliance Officer of the Company, effective as of the close of business on December 9, 2022,
On November 28, 2022, Benjamin Tecmire notified Barings BDC, Inc. (the “Company”) of his resignation as the Company’s Chief Compliance Officer, effective as of the close of business on December 9, 2022.
On August 31, 2022, Michael Cowart notified Barings BDC, Inc. (the “Company”) of his resignation as the Company’s Chief Compliance Officer, effective as of the close of business on September 16, 2022.
On September 7, 2022, the Company’s Board of Directors appointed Benjamin Tecmire as Chief Compliance Officer of the Company, effective as of the close of business on September 16, 2022.
Max materiality 0.90 · Median 0.60 · Most common event earnings