BBDC - Barings BDC - Stock Price & Dividends

Barings BDC, Inc. is a publicly traded investment company that operates as a business development company (BDC) under the Investment Company Act of 1940. As a BDC, it provides financing solutions to private middle-market companies across various industries, aiming to generate income and capital appreciation for its investors.

The company's investment strategy focuses on senior secured loans, first lien debt, unitranche, second lien debt, subordinated debt, equity co-investments, and senior secured private debt investments. This diversified approach enables Barings BDC to invest in a range of opportunities, from mezzanine financing to leveraged buyouts, management buyouts, ESOPs, change of control transactions, acquisition financings, growth financing, and recapitalizations.

Barings BDC targets lower middle market, mature, and later stage companies with EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) between $10 million and $75 million, often partnering with private equity sponsors. Its investment portfolio spans various sectors, including manufacturing and distribution, business services and technology, transportation and logistics, and consumer products and services.

As a US-focused investor, Barings BDC seeks to provide capital to companies operating in the United States, supporting their growth and development. With its expertise in middle-market financing, the company aims to create value for its investors and portfolio companies alike.

For more information on Barings BDC's investment approach and portfolio, please visit https://www.barings.com/en-us/guest/funds/business.