Barings Private Credit Corporation is a non-exchange traded, privately offered perpetual-life business development company (“BDC”) that is externally managed by Barings LLC. The Company has elected to be regulated as a BDC under the 1940 Act and intends to qualify as a regulated investment company (“RIC”). The Company’s primary investment objective is to generate current income by investing directly in privately-held middle-market companies, focusing primarily on senior secured private debt instruments, with opportunistic investments in equity, special situations, structured credit, syndicated loans and high-yield investments. The Company conducts a continuous private offering of its shares at net asset value and seeks to enhance returns through the use of leverage while prioritizing capital preservation.
News and Notices
Barings
2021
'40 Act
Non-Traded BDC
USD
Quarterly
Daily
0.75%
December 31
News and Notices
Portfolio Holdings
Portfolio Composition
Growth
Capital Flows
Share Classes
Returns
Fees
Ownership
Operating Metrics
Per Page
10
Notices
Feb 01, 2024
16:21
Fees, Redemptions
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Barings Private Credit Corporation is offering to repurchase up to 7.1 million shares, about 5% outstanding, at September 30, 2026 net asset value. Investors may tender by September 30; non-dividend-reinvestment shares issued after October 1, 2025 carry a 2% deduction.
Mar 21, 2026
12:35
Compliance
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Barings Private Credit joined a joint insured fidelity bond providing $5.65 million of aggregate coverage from August 2, 2026 to August 2, 2027. The $11,845 premium is paid, and recoveries are shared proportionately among covered participants.
Feb 20, 2026
13:30
Distributions, Subscriptions
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Barings Private Credit sold 5.1 million unregistered common shares for approximately $101.5 million and declared a September 2026 monthly distribution of $0.167 per share. Stockholders of record on September 25, 2026 will receive the distribution on September 28, 2026.
Jun 18, 2026
16:18
Debt Issuances
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Barings Private Credit issued $350 million of 6.500% notes due 2031, receiving about $341.6 million of net proceeds. Proceeds are expected to repay credit facilities, make portfolio company investments and support general corporate purposes.
Mar 14, 2024
16:30
Ownership
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Ownership disclosure changes reported beneficial ownership of Barings Private Credit common shares from Cresset-related entities’ 4,559,392 shares, or 4.79%, to Income Insurance and parent NTUC Enterprise Co-Operative’s 8,056,490 shares, or 5.6%, with shared voting but no dispositive power.
Nov 13, 2023
16:15
Debt Issuances
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Barings Private Credit priced $350 million of 6.500% notes due 2031, expected to close on August 18, 2026. Proceeds are expected to repay credit facility indebtedness, fund portfolio company investments and support general corporate purposes.
Sep 11, 2025
18:18
Subscriptions
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Barings Private Credit sold approximately $101.5 million of common shares on August 3, 2026, under investor subscription agreements. The per-share purchase price and share count will be determined using net asset value within two business days of the sale date.
Sep 23, 2023
15:42
Redemptions
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Barings Private Credit reported final tender offer results, accepting 7.3 million common stock shares, or 46.01% of valid tenders, at $19.92 net asset value per share for a $145.8 million aggregate purchase price.
Jan 20, 2024
15:23
Distributions, Performance, Subscriptions
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Barings Private Credit sold 1.7 million unregistered shares for about $33.4 million and reported June 30 NAV of $19.92 per share. Stockholders of record on August 25 will receive a $0.167-per-share distribution on August 27.
Feb 07, 2024
09:52
Marketing Materials, Redemptions
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Barings Private Credit reported tender results, accepting 7.3 million shares for repurchase at June 30, 2026 net asset value, equal to 5.0% of outstanding shares; oversubscription led to 46.01% pro rata acceptance.
Preview
News
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Debt
BDCs
North America
Capital Flows
Barings' BDC limits withdrawals again
Jul 7, 2026

Shareholders in the $3 billion Barings Private Credit Corporation will receive ~46.01% of their validly tendered shares on a pro-rata basis, after withdrawal requests reached 10.87% of NAV in Q2.

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BDCs
Debt
North America
Barings Private Credit Corp expands credit facility to $540 million
Jun 30, 2026

In Q1, the $2.9 billion non-traded BDC capped redemptions at 5% after shareholders sought to withdraw 11.3% of outstanding shares.

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BDCs
Debt
Capital Flows
North America
Barings joins peers in limiting redemptions
Apr 7, 2026

Barings Private Credit Corporation has capped Q1 withdrawals at 5%, after repurchase requests surged to 11.3% of shares outstanding.

Barings Private Credit Corp
Barings is responsible for managing Barings Private Credit Corp.
Barings Private Credit Corp launched in 2021.
Barings Private Credit Corp is registered as a '40 Act fund.
Barings Private Credit Corp is structured as a Non-Traded BDC fund.
You can invest in Barings Private Credit Corp by meeting its eligibility requirements and subscribing through the fund's offering process or an approved platform. Visit their website for more details.
You can invest in Barings Private Credit Corp daily, subject to eligibility and fund subscription deadlines.
You can redeem shares of Barings Private Credit Corp quarterly, subject to redemption limits and notice requirements.
Shares of Barings Private Credit Corp can be purchased in USD.
Barings Private Credit Corp's fiscal year end is December 31.
Barings Private Credit Corp's net asset value was $2,821.5 million and its portfolio had a fair value of $5,417.2 million as of June 30, 2026.
Among other deal types, Barings Private Credit Corp primarily makes Debt Investments.
Among other asset classes, Barings Private Credit Corp primarily invests in Energy.
Among other regions, Barings Private Credit Corp primarily invests in United Kingdom and Globally.
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