Exhibit 99.1

 

JOINT FILING AGREEMENT

 

The undersigned hereby agree that they are filing this statement on Schedule 13G jointly pursuant to Rule 13d-1(k)(1). Each of them is responsible for the timely filing of such Schedule 13G and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate.

 

In accordance with Rule 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with each other on behalf of each of them of such a statement on Schedule 13G with respect to the Common Stock of Barings BDC, Inc. beneficially owned by each of them. This Joint Filing Agreement shall be included as an exhibit to such Schedule 13G.

 

IN WITNESS WHEREOF, the undersigned hereby execute this Joint Filing Agreement as of April 14, 2022.

 

Date:  April 14, 2022

 

  Ares Income Opportunity Fund, L.P.
  By: Ares Capital Management III LLC, its manager
   
  /s/ Naseem Sagati Aghili
  By:  Naseem Sagati Aghili
  Its:  Authorized Signatory
   
  Ares Multi-Asset Credit Strategies Fund LP
  By: Ares Capital Management III LLC, its manager
   
  /s/ Naseem Sagati Aghili
  By:  Naseem Sagati Aghili
  Its:  Authorized Signatory
   
  Ares Capital Management III LLC
   
  /s/ Naseem Sagati Aghili
  By:  Naseem Sagati Aghili
  Its:  Authorized Signatory
   
  Ares Enhanced Credit Opportunities Master Fund II, Ltd.
  By: Ares Enhanced Credit Opportunities Investment Management II, LLC, its manager
   
  /s/ Naseem Sagati Aghili
  By:  Naseem Sagati Aghili
  Its:  Authorized Signatory

 

 

 

  Ares Enhanced Loan Investment Strategy Advisor IV, L.P.
  By: Ares Enhanced Loan Investment Strategy Advisor IV GP, LLC, its general partner
   
  /s/ Naseem Sagati Aghili
  By:  Naseem Sagati Aghili
  Its:  Authorized Signatory
   
  Ares Enhanced Credit Opportunities Investment Management II, LLC
   
  /s/ Naseem Sagati Aghili
  By:  Naseem Sagati Aghili
  Its:  Authorized Signatory
   
  Ares Enhanced Loan Investment Strategy Advisor IV GP, LLC
   
  /s/ Naseem Sagati Aghili
  By:  Naseem Sagati Aghili
  Its:  Authorized Signatory
   
  Ares Management LLC
   
  /s/ Naseem Sagati Aghili
  By:  Naseem Sagati Aghili
  Its:  Authorized Signatory

 

 

 

  Ares Management Holdings L.P.
  By: Ares Holdco LLC, its general partner
   
  /s/ Naseem Sagati Aghili
  By:  Naseem Sagati Aghili
  Its:  Authorized Signatory
   
  Ares Holdco LLC
   
  /s/ Naseem Sagati Aghili
  By:  Naseem Sagati Aghili
  Its:  Authorized Signatory
   
  Ares Management Corporation
   
  /s/ Naseem Sagati Aghili
  By:  Naseem Sagati Aghili
  Its:  Authorized Signatory
   
  Ares Management GP LLC
   
  /s/ Naseem Sagati Aghili
  By:  Naseem Sagati Aghili
  Its:  Authorized Signatory
   
  Ares Voting LLC
  By: Ares Partners Holdco LLC, its sole member
   
  /s/ Naseem Sagati Aghili
  By:  Naseem Sagati Aghili
  Its:  Authorized Signatory
   
  Ares Partners Holdco LLC
   
  /s/ Naseem Sagati Aghili
  By:  Naseem Sagati Aghili
  Its:  Authorized Signatory