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Barings BDC, Inc. - $BBDC STOCK NEWS

Welcome to our dedicated page for Barings BDC news (Ticker: $BBDC), a resource for investors and traders seeking the latest updates and insights on Barings BDC stock.

Barings BDC, Inc. (symbol: BBDC) operates as a closed-end, non-diversified investment company and has elected to be treated as a business development company. The primary objective of Barings BDC is to generate current income by directly investing in privately held middle-market companies. Through these investments, Barings BDC aids these companies in funding acquisitions, growth initiatives, and refinancing operations.

Barings BDC employs a rigorous fundamental credit analysis to ensure it targets businesses that exhibit low levels of cyclicality and operating risk compared to other businesses in this market segment. The company's strategic approach involves evaluating several factors including total facility size, pricing structure, and the number of other lenders involved in the facility, to determine the holding size of each position.

As a subsidiary of MassMutual, Barings BDC benefits from the extensive expertise and resources of its parent company. Barings, the global investment manager, oversees assets worth over $371 billion (as of March 31, 2022), sourcing unique opportunities and building long-term portfolios across public and private fixed income, real estate, and specialist equity markets. With investment professionals based in North America, Europe, and Asia Pacific, Barings is committed to serving its clients, communities, and employees by adhering to sustainable practices and responsible investment.

For investors and stakeholders, Barings BDC represents a significant player in the business development sector, offering a strategic blend of risk management and income generation through its selective investment process.

Stay updated with the latest news and developments from Barings BDC, Inc. to keep track of its performance and strategic moves.

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Barings BDC, Inc. announced Q1 2024 results with a quarterly cash dividend of $0.26 per share. Net investment income was $29.4M, NAV per share increased to $11.44, and total investment income was $69.8M. The company made new investments, repaid loans, and received proceeds from equity investments. The Board authorized a $30M share repurchase program. Dividend of $0.26 per share was declared for Q2 2024. Barings BDC also has a dividend reinvestment plan in place. The company held a conference call to discuss financial results.

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Barings BDC, Inc. (BBDC) will report its financial results for Q1 2024 on May 7, 2024, followed by a conference call on May 8, 2024. Investors can access the call via phone or webcast.
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Barings BDC, Inc. (NYSE: BBDC) reported financial results for Q4 and full year 2023, including a quarterly cash dividend of $0.26 per share. The company's net investment income, net realized gains/losses, and net increase in net assets showed positive trends. The investment portfolio remained strong, with total assets and debt outstanding figures stable. The CEO highlighted the strength of the core middle market loan portfolio and the defensive underwriting approach. The company's liquidity position improved through a new unsecured debt issuance. Share repurchase programs were authorized to enhance shareholder value.
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Barings BDC, Inc. (BBDC) has priced an underwritten public offering of $300 million in aggregate principal amount of 7.000% notes due 2029. The Notes will bear interest at a rate of 7.000% per year, payable semiannually, and may be redeemed in whole or in part at Barings BDC’s option at any time at par plus a “make-whole” premium, if applicable. The offering is expected to close on February 12, 2024. Barings BDC intends to use the net proceeds from this offering to repay indebtedness under the senior secured credit facility with ING Capital LLC and then may reborrow under its credit facilities for general corporate purposes, including investing in portfolio companies in accordance with its investment objective.
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Barings BDC, Inc. (NYSE: BBDC) reported preliminary financial and operating results for Q4 2023. The estimated range of net investment income was $0.30 - $0.32 per share, and net asset value was $11.25 - $11.29 as of December 31, 2023. The company made new investments totaling $100.9 million and had $70.5 million in cash and foreign currencies as of December 31, 2023. However, the fair value of the total investment portfolio decreased from $2,521.6 million to approximately $2,488.7 million. The company also had four portfolio companies with investments on non-accrual, totaling $37.2 million, and a net receivable from unsettled transactions of $0.2 million. Barings BDC authorized a new 12-month share repurchase program and scheduled a conference call to discuss Q4 and full year 2023 results.
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Barings BDC, Inc. (NYSE: BBDC) will report its financial results for the fourth quarter and fiscal year ended December 31, 2023 on Thursday, February 22, 2024, after the market closes. A conference call to discuss the financial results is scheduled for Friday, February 23, 2024, at 9:00 a.m. ET. The call can be accessed via phone or live webcast on the investor relations section of its website. A taped replay and archived webcast will be available until March 1, 2024.
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Barings BDC (NYSE: BBDC) reported Q3 2023 financial results, with net investment income up 19% YoY. The Board declared a $0.26/share quarterly cash dividend. The investment portfolio saw a fair value of $2,521.6 million as of September 30, 2023, with a weighted average yield on performing debt investments at 10.6%. The company made $64.5 million in new investments and $73.4 million in existing portfolio investments during Q3 2023.
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Barings BDC, Inc. to report Q3 2023 financial results on November 9, 2023
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Barings BDC reports Q2 2023 financial results, announces dividend increase
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FAQ

What is Barings BDC, Inc.?

Barings BDC, Inc. (BBDC) is a business development company that invests directly in privately held middle-market companies to generate current income.

What is the main investment objective of Barings BDC?

The main investment objective of Barings BDC is to generate current income by investing in privately held middle-market companies.

How does Barings BDC choose its investments?

Barings BDC employs fundamental credit analysis and targets businesses with low levels of cyclicality and operating risk relative to others in the market segment.

What factors influence the holding size of each position in Barings BDC?

Factors include total facility size, pricing and structure, and the number of other lenders in the facility.

Who is the parent company of Barings BDC, Inc.?

Barings BDC, Inc. is a subsidiary of MassMutual.

What is Barings and how is it related to Barings BDC?

Barings is a global investment manager managing over $371 billion in assets (as of March 31, 2022) and is the parent company of Barings BDC.

Where are Barings' investment professionals based?

Barings’ investment professionals are based in North America, Europe, and Asia Pacific.

What markets does Barings operate in?

Barings operates across public and private fixed income, real estate, and specialist equity markets.

What is the significance of Barings' investment approach?

Barings' investment approach ensures responsible investment and sustainable practices aimed at generating long-term value.

How can I learn more about Barings BDC, Inc.?

You can learn more about Barings BDC, Inc. by visiting the official website at www.barings.com.

Barings BDC, Inc.

NYSE:BBDC

BBDC Rankings

BBDC Stock Data

1.01B
105.95M
0.49%
45.3%
0.59%
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