Barings Private Credit Corp 8-K

What Happened

• Barings Private Credit Corporation announced a private sale of 5,098,618.965 unregistered shares of common stock for aggregate consideration of approximately $103.9 million (issuance amount determined January 21, 2026). The sale was made under exemptions to registration (Section 4(a)(2), Regulation D and/or Regulation S) and the per‑share price was set in accordance with Section 23 of the Investment Company Act.
• The board declared a regular monthly distribution of $0.175 per share for February 2026, payable February 26, 2026 to holders of record as of February 24, 2026 (declared January 15, 2026).
• The filing also reported financial metrics as of December 31, 2025: net asset value (NAV) per share $20.37; aggregate NAV $2,841.4 million; investment portfolio fair value $4,877.0 million; debt outstanding (principal) $2,065.7 million; and net investment income per share for the quarter ended December 31, 2025 of $0.54.

Key Details

• Private share sale: 5,098,618.965 shares for ~ $103.9 million (sale dated January 2, 2026; number fixed Jan 21, 2026).
• Ongoing offering: company conducting a continuous private offering up to $4.5 billion; to date issued 142,183,392.03 shares for $2,930.5 million (excludes dividend reinvestment plan issuances).
• February distribution: $0.175 per share, payment Feb 26, 2026; record date Feb 24, 2026.
• Financial snapshot (12/31/2025): NAV/share $20.37; portfolio fair value $4,877.0M; debt principal $2,065.7M; quarter NII/share $0.54.

Why It Matters

• Fundraising and supply: The private share sale and the ongoing $4.5B offering show the company is actively raising equity capital, which can support new investments and growth but may increase share count over time.
• Income and yield: The declared $0.175 monthly distribution and reported net investment income ($0.54 per share for the quarter) are relevant for income‑focused investors assessing current payout levels.
• Balance sheet context: NAV, portfolio fair value and principal debt figures give investors a snapshot of leverage and asset size as of year‑end 2025—useful for evaluating price vs. NAV and risk exposure.
• Ongoing updates: The company intends to continue monthly sales in the private offering, and investors should watch future filings for further share issuance, NAV changes, and distribution announcements.

Signed report filed January 21, 2026 (CFO/COO Elizabeth A. Murray).