Barings BDC (BBDC) Prices $300M Notes Offering
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Barings BDC, Inc. Prices Public Offering of $300 Million of 7.000% Notes due 2029
February 7, 2024 4:15 PM UTCCHARLOTTE, N.C.--(BUSINESS WIRE)-- Barings BDC, Inc. (NYSE: BBDC) (Barings BDC) announced today that it has priced an underwritten public offering of $300 million in aggregate principal amount of 7.000% notes due 2029 (the Notes). The Notes will bear interest at a rate of 7.000% per year, payable semiannually, will mature on February 15, 2029 and may be redeemed in whole or in part at Barings BDCs option at any time at par plus a make-whole premium, if applicable. The offering is expected to close on February 12, 2024, subject to the satisfaction of customary closing conditions.
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