Barings BDC Inc

Barings BDC, Inc. is a publicly traded, externally managed investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. It primarily invests in senior secured loans, first lien debt, unitranche, second lien debt, subordinated debt, equity co-investments, and senior secured private debt in private middle-market companies across a wide range of industries. The firm focuses on mezzanine, leveraged buyouts, management buyouts, ESOPs, change of control transactions, acquisition financings, growth financing, and recapitalizations in lower middle market, mature, and later stage companies. It invests in the United States, targeting companies with EBITDA of $10 million to $75 million, typically private equity sponsor backed, and maximum revenue of $200 million.