Exhibit 107

Calculation of Filing Fee Tables

424(b)(2)

(Form Type)

Barings BDC, Inc.

(Exact Name of Registrant as Specified in its Charter)

Table 1: Transaction Valuation

Table 1: Newly Registered and Carry Forward Securities

Security Type

Security Class Title

Fee Calculation or

Carry Forward Rule

Amount Registered

Proposed Maximum Offering

Price Per Unit

Maximum Aggregate Offering Price

Fee Rate

Amount of Registration Fee

Fees to Be Paid

Debt

7.000% Notes due 2029

Rule 457(o) and Rule 457(r)

$300,000,000

98.948%

$296,844,000

0.00014760

$43,814.17

Total Offering Amounts

$296,844,000

$43,814.17

Total Fees Previously Paid

–

Total Fee Offsets

–

Net Fee Due

$43,814.17

The pricing supplement to which this Exhibit is attached is a final prospectus for the related offering.