Securities and Exchange Commission ("SEC") Forms 3, Form 4 and Form 5 and
Application for EDGAR Access ("Form ID") Confirmation of Authority to Sign

With respect to any closed end investment company or business development
company for which Barings, LLC or any of its subsidiaries, now or hereafter
serves as investment adviser, and for which the undersigned is deemed to be an
Insider under Section 16(a) of the Securities Exchange Act of 1934, the
undersigned, hereby appoints and designates Bridget Orlando, Jessica Restivo,
Latavea Cross, Melissa Cliver, Michael Cowart, Melissa LaGrant, and Christopher
DeFrancis each as a true and lawful attorney-in-fact with full power to:
(1) Prepare, and execute in the undersigned's name and on the undersigned's
behalf, the Form ID application or any other documents necessary or appropriate
to obtain EDGAR access codes enabling the undersigned to make electronic filings
with the SEC of reports required by Section 16(a) of the Securities Exchange
Act of 1934 or any rule or regulation of the SEC.

(2) Sign on the undersigned behalf and file with the Securities and Exchange
Commission and New York Stock Exchange, any applicable Form 3 - Initial
Statement of Beneficial Ownership of Securities, Form 4 - Statement of Changes
in Beneficial Ownership or Form 5 - Annual Statement of Beneficial Ownership of
Securities with respect to shares purchased or sold by the undersigned or any
other change of beneficial ownership required to be reported by the undersigned.


This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file Forms 3, 4 and 5 with respect to the
undersigned's holdings of and transactions in any securities issued by a closed
end investment company or business development company for which Barings LLC or
subsidiary serves as investment adviser, unless revoked by the undersigned in
writing and delivered to the attorneys-in-fact. Notwithstanding the foregoing,
if any such attorney-in-fact hereafter ceases to be an employee of Barings LLC,
this Power of Attorney shall be automatically revoked solely as to such
individual, immediately upon such cessation, without any further action on the
part of the undersigned.

Signature: _____________________________________________________________

Name: Robert C. Knapp
Title: Director, Barings BDC, Inc.
Date: December 23, 2020