Issuer/Ticker
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Barings BDC, Inc. (BBDC)
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Expected Ratings*
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Moody's: Baa3 (Stable)
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Fitch: BBB- (Stable)
|
|
Format
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SEC Registered
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Ranking
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Senior Unsecured
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Size
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$300 Million
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Tenor
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5-Year
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Settlement
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T+3 (February 12, 2024)
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Coupon Type
|
Fixed
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Maturity Date
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February 15, 2029
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IPTs
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T+350 bps Area
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Change of Control
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Yes, 100%
|
Active Book Runner(s)
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WFS (B&D), BMO, FITB, SMBC
|
Use of Proceeds
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To repay indebtedness under the February 2019 Credit Facility
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Option Redemption
|
Make Whole Call
|
1-Month Par Call
|
|
CUSIP
|
06759LAD5
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ISIN
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US06759LAD55
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Denominations
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2,000 x 1,000
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Timing
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Today's Business
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Sales into Canada
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Yes - via Exemption
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