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 seeks to invest primarily in senior secured loans first lien debt unitranche second lien debt subordinated debt equity co-investments and senior secured private debt investments in private middle-market companies that operate across a wide range of industries. It specializes in 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 manufacturing and distribution; business services and technology; transportation and logistics; consumer product and services. It invests in United States. It invests in companies with EBITDA of $10 million to $75 million typically in private equity sponsor backed.