Barings BDC, Inc. (BBDC) Form 8-K — Jun 1, 2026
Barings BDC, Inc. entered into a new Credit Support Agreement with its adviser, Barings LLC, concurrent with the termination of a prior agreement related to its acquisition of Sierra Income Corporation. Under the termination agreement, Barings LLC will pay Barings BDC $67,027,611 in cash by June 30, 2026, to settle all credit support obligations for realized investments, those with fair values of $500,000 or less, and those in unrealized loss positions. The new agreement provides continued credit support for the remaining $10,994,928 fair value of two legacy Sierra portfolio companies.
Key figures
- Deal Value Usd
- 67027611
- Prior csa max obligation
- 100000000
- Remaining credit support obligation
- 10994928
Price after filing
Close on the filing date to close N calendar days later (from $8.84). Historical, not a forecast.
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