Barings BDC, Inc.

Barings BDC reported Q2 2026 net investment income of $29.0 million, or $0.28 per share, exceeding its declared quarterly cash dividend of $0.26 per share. The company's net asset value per share decreased slightly to $10.94, primarily due to net unrealized depreciation, partially offset by net realized gains. Barings BDC also highlighted the successful termination of the Sierra credit support agreement, freeing up $67 million for redeployment, and noted solid overall credit quality.

Barings BDC, Inc. (BBDC) announced the termination of its prior Credit Support Agreement (CSA) with Barings LLC, receiving a cash payment of $67,027,611. Concurrently, a new Credit Support Agreement (New CSA) was established, providing credit support for remaining unrealized investments valued at $10,994,928. The New CSA outlines a settlement mechanism involving the waiver of advisory fees and potential cash payments from the Adviser to BBDC to cover losses up to the Remaining Obligation, with a settlement date no later than April 1, 2032.

Barings BDC, Inc. reported its first-quarter 2026 financial results, with net investment income of $25.9 million ($0.25 per share) and a net increase in net assets from operations of $20.0 million ($0.19 per share). The company's Board of Directors declared a quarterly cash dividend of $0.26 per share. Additionally, stockholders re-elected three Class II directors at the 2026 Annual Meeting, and a new 12-month share repurchase program of up to $30.0 million was authorized.