Securities and Exchange Commission (SEC) Update Passphrase Confirmation, 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, Sally McRorie,
Melissa Cliver, and Melissa LaGrant 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, Update Passphrase Confirmation, 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 the Form ID Application, Update Passphrase Confirmation, 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: MATTHEW FREUND
Title: PRESIDENT,
BARINGS BDC, INC.
Date: MARCH 12, 2024