Form: 10-K

Annual report pursuant to Section 13 and 15(d)

February 22, 2024




Exhibit 23.1
Consent of Independent Registered Public Accounting Firm
We consent to the incorporation by reference in the registration statement (No. 333-273253) on Form N-2 of our report dated February 22, 2024, with respect to the consolidated financial statements of Barings BDC, Inc., the effectiveness of internal control over financial reporting, and the senior securities table.
/s/ KPMG LLP
Charlotte, North Carolina
February 22, 2024