Barings BDC

Barings BDC reported Q2 net investment income of $0.28 per share (expectation $0.25) and revenue of $65.2 million (expectation $60.88 million). The company continued to cover its quarterly dividend of $0.26 and kept net leverage at 1.18 within its target range; NAV fell slightly to $10.94. Management is weighing refinancing options for $350 million of unsecured notes, and the shares rose in after-hours trading to $8.61. » Altro su de.investing.com

Barings BDC has entered into a new loan collateral agreement with Barings LLC that replaces the prior Sierra agreement and provides collateral for two unrealized portfolio investments with a fair value of $10,994,928 as of May 29. Barings LLC has agreed to absorb losses first by foregoing incentive fees and, if necessary, by using base management fees; additionally, there is a cash make-whole payment if losses exceed the waived fees. In connection with terminating the prior agreement, Barings LLC will make a one-time payment of $67,027,611 to Barings BDC by June 30, 2026; the new agreement runs until April 1, 2032 or until the investments are realized/written off. Separately, Barings BDC reported Q1 2026 EPS of $0.19 (forecast $0.25) and revenue of $60.56 million (forecast $63.05 million), while the stock rose in premarket trading; the dividend yield is 12.33%. » Altro su de.investing.com

Barings BDC reports Q1 2026 EPS of $0.19 (expected $0.25) and a slight NAV decline to $11.02 per share. The board confirmed the quarterly dividend of $0.26, while non-performing loans rose to 1.0% of the portfolio. The company has more than $600 million in liquidity, but investors should monitor developments in credit quality and net investment income. » Altro su de.investing.com