Barings BDC, Inc. — Third Quarter 2026 Earnings Summary

Barings BDC, Inc. reported third-quarter 2026 net investment income of $27.2 million, or $0.26 per share, which fully covered its declared quarterly cash dividend of $0.26 per share. The company's net asset value per share decreased slightly to $10.92 as of September 30, 2026, primarily due to net realized losses of $4.8 million partially offset by net unrealized appreciation of $2.2 million. During the quarter, the firm funded $196 million in new investments, including 20 new portfolio companies, bringing the total investment portfolio to $2.5 billion at fair value. Additionally, the company announced the pricing of a $396.3 million collateralized loan obligation intended to repay $350 million of existing notes due in November 2026.