공시 • May 09
Barings BDC, Inc. announces Quarterly dividend, payable on June 10, 2026 Barings BDC, Inc. announced Quarterly dividend of USD 0.2600 per share payable on June 10, 2026, ex-date on June 03, 2026 and record date on June 03, 2026. 공시 • Apr 09
Barings BDC, Inc. to Report Q1, 2026 Results on May 07, 2026 Barings BDC, Inc. announced that they will report Q1, 2026 results After-Market on May 07, 2026 공시 • Mar 12
Barings BDC, Inc., Annual General Meeting, May 07, 2026 Barings BDC, Inc., Annual General Meeting, May 07, 2026. 공시 • Feb 21
Barings BDC, Inc. (NYSE:BBDC) announces an Equity Buyback for $30 million worth of its shares. Barings BDC, Inc. (NYSE:BBDC) announces a share repurchase program. Under the program, the company will repurchase up to $30 million worth of its shares. The shares will be repurchased at prices below the then-current NAV per share. The program will commence on March 1, 2026, and will be valid till March 1, 2027, unless extended, or until the aggregate repurchase amount that has been approved by the Board has been expended. 공시 • Feb 20
Barings BDC, Inc. Declares Quarterly Cash Dividend, Payable on March 11, 2026 Barings BDC, Inc. declared quarterly cash dividend of $0.26 per share, payable on March 11, 2026. Record date: March 4, 2026. 공시 • Jan 20
Barings BDC, Inc. to Report Q4, 2025 Results on Feb 19, 2026 Barings BDC, Inc. announced that they will report Q4, 2025 results After-Market on Feb 19, 2026 공시 • Nov 07
Barings BDC, Inc. Announces Chief Executive Officer Transition, Effective January 1, 2026 Barings BDC, Inc. announced that its Board of Directors has appointed Thomas Q. McDonnell as Chief Executive Officer, effective January 1, 2026. Mr. McDonnell will succeed Eric Lloyd, who has served as CEO from August 2018 to August 2022 and resumed the role in December 2022. Mr. Lloyd will continue to serve as Executive Chairman of the Company’s Board of Directors and will remain President of Barings LLC, where he will continue to lead the firm’s global strategic initiatives. Mr. McDonnell brings more than 30 years of experience in global finance, investment management and strategic business planning. He previously spent nearly two decades at Barings, where he served as a Managing Director and a member of the U.S. High Yield Investment Committee and other credit related investment committees. During his tenure, Mr. McDonnell played a key role in managing multi-strategy and global loan portfolios, navigating complex credit environments across multiple market cycles and spearheading fundraising efforts exceeding $15 billion. Earlier in his career, he held roles at Patriarch Partners, Bank of America and JP Morgan Chase, where he focused on deal structuring, credit risk management, portfolio strategy and financial planning. Mr. McDonnell also serves on the board of directors of Rocade Holdings LLC, a specialty finance company focused on litigation finance. Mr. McDonnell is a graduate of State University of New York at Buffalo where he obtained a B.S. degree in Business Management and a Master of Business Administration (MBA) Accounting degree. Mr. McDonnell is a retired Certified Public Accountant. 공시 • Aug 08
Barings BDC, Inc. Declares Quarterly Cash Dividend, Payable on September 10, 2025 The Board of Barings BDC, Inc. declared a quarterly cash dividend of $0.26 per share, which, together with the previously declared special dividend payable during the third quarter of 2025 in the amount of $0.05 per share, is payable as follows: Record date: September 3, 2025. Payment date: September 10, 2025. 공시 • Jul 08
Barings BDC, Inc. to Report Q2, 2025 Results on Aug 07, 2025 Barings BDC, Inc. announced that they will report Q2, 2025 results After-Market on Aug 07, 2025 공시 • May 09
Barings BDC, Inc. Declares Quarterly Cash Dividend, Payable on June 11, 2025 Barings BDC, Inc. declared a quarterly cash dividend of $0.26 per share, Record date: June 4, 2025. Payment date: June 11, 2025. 공시 • Apr 10
Barings BDC, Inc. to Report Q1, 2025 Results on May 08, 2025 Barings BDC, Inc. announced that they will report Q1, 2025 results After-Market on May 08, 2025 공시 • Feb 28
Barings BDC, Inc., Annual General Meeting, May 08, 2025 Barings BDC, Inc., Annual General Meeting, May 08, 2025. 공시 • Feb 22
Barings BDC, Inc. (NYSE:BBDC) announces an Equity Buyback for $30 million worth of its shares. Barings BDC, Inc. (NYSE:BBDC) announces a share repurchase program. Under the program, the company will repurchase up to $30 million worth of its shares. The shares will be repurchased at prices below the then-current NAV per share. The program will commence on March 1, 2025, and will be valid till March 1, 2026, unless extended, or until the aggregate repurchase amount that has been approved by the Board has been expended. 공시 • Jan 21
Barings BDC, Inc. to Report Q4, 2024 Results on Feb 20, 2025 Barings BDC, Inc. announced that they will report Q4, 2024 results After-Market on Feb 20, 2025 공시 • Nov 07
Barings Bdc, Inc. Announces Quarterly Cash Dividend, Payable on December 11, 2024 Barings BDC, Inc. Announces Quarterly Cash Dividend of $0.26 per share for fourth quarter of 2024, Payable on December 11, 2024. Record date: December 4, 2024. 공시 • Oct 08
Barings BDC, Inc. to Report Q3, 2024 Results on Nov 06, 2024 Barings BDC, Inc. announced that they will report Q3, 2024 results After-Market on Nov 06, 2024 공시 • Aug 08
Barings BDC, Inc. Announces Quarterly Cash Dividend, Payable on September 11, 2024 The Board of Barings BDC, Inc. declared third quarter 2024 dividend of $0.26 per share. Record date is September 4, 2024. and Payment date is September 11, 2024. 공시 • Jul 09
Barings BDC, Inc. to Report Q2, 2024 Results on Aug 07, 2024 Barings BDC, Inc. announced that they will report Q2, 2024 results After-Market on Aug 07, 2024 공시 • May 08
Barings BDC, Inc. Announces Quarterly Cash Dividend, Payable on June 12, 2024 The Board of Barings BDC, Inc. declared a quarterly cash dividend of $0.26 per share. Dividend payable on June 12, 2024 and record date of June 5, 2024. 공시 • Apr 09
Barings BDC, Inc. to Report Q1, 2024 Results on May 07, 2024 Barings BDC, Inc. announced that they will report Q1, 2024 results After-Market on May 07, 2024 공시 • Mar 21
Barings BDC, Inc., Annual General Meeting, May 07, 2024 Barings BDC, Inc., Annual General Meeting, May 07, 2024, at 08:30 US Eastern Standard Time. Agenda: To elect three Class II directors to serve for a three-year term and until their successors have been duly elected and qualify; to approve a proposal to authorize the Company, pursuant to subsequent approval of its Board of Directors, to issue and sell shares of its common stock; and to transact such other business as may properly come before the meeting. 공시 • Feb 23
Barings Bdc, Inc. Announces Quarterly Cash Dividend, Payable on March 13, 2024 The Board of Barings BDC, Inc. declared first quarter 2024 dividend of $0.26 per share. Record date is March 6, 2024 and Payment date is March 13, 2024. 공시 • Jan 19
Barings BDC, Inc. to Report Q4, 2023 Results on Feb 22, 2024 Barings BDC, Inc. announced that they will report Q4, 2023 results After-Market on Feb 22, 2024 공시 • Nov 11
Barings BDC, Inc. Declares Cash Dividend for Fourth Quarter 2023, Payable on December 13, 2023 The board of Barings BDC, Inc. declared a fourth quarter 2023 cash dividend of $0.26 per share. Record date is December 6, 2023. Payment date is December 13, 2023. 공시 • Oct 05
Barings BDC, Inc. to Report Q3, 2023 Results on Nov 09, 2023 Barings BDC, Inc. announced that they will report Q3, 2023 results After-Market on Nov 09, 2023 공시 • Aug 10
Barings BDC, Inc. Declares Cash Dividend for the Third Quarter 2023, Payable on September 13, 2023 The Board of Directors of Barings BDC, Inc. declared a quarterly cash dividend of $0.26 per share for the third quarter 2023. Record date is September 6, 2023 and Payment date is September 13, 2023. 공시 • May 06
Barings BDC, Inc. Declares a Quarterly Cash Dividend for the Second Quarter of 2023 The Board of Barings BDC, Inc. declared a quarterly cash dividend of $0.25 per share for the second quarter of 2023. Record date is June 7, 2023 with payment date on June 14, 2023. 공시 • Dec 04
Barings BDC, Inc. Announces Executive Changes On November 28, 2022, Benjamin Tecmire notified Barings BDC, Inc. (the “Company”) of his resignation as the Company’s Chief Compliance Officer, effective as of the close of business on December 9, 2022. Mr. Tecmire’s resignation is not a result of any disagreement with the Company.On December 1, 2022, the Company’s Board of Directors appointed Christopher DeFrancis to serve as interim Chief Compliance Officer of the Company, effective as of the close of business on December 9, 2022, while the Company completes a search for Mr. Tecmire’s successor.Mr. DeFrancis, 55, is Barings LLC’s Global Head of Compliance, responsible for overseeing Barings’ global compliance program. Mr. DeFrancis has worked in the industry since 2001 and his experience has encompassed securities and investment advisory matters, hedge fund and collateralized debt obligation formation, derivatives trading and private finance transactions. Prior to joining Barings in 2001, Mr. DeFrancis was an associate at Hill & Barlow, where he concentrated his practice on commercial and securities litigation. Mr. DeFrancis began his legal career as a law clerk to The Honorable Sandra L. Lynch on the U.S. Court of Appeals for the First Circuit. Mr. DeFrancis holds a B.A. from Dartmouth College and a J.D. from the University of Pennsylvania. 공시 • Nov 11
Barings BDC, Inc. Announces Quarterly Cash Dividend, Payable on December 14, 2022 The Board of Directors of Barings BDC, Inc. declared a quarterly cash dividend of $0.24 per share. Record date is December 7, 2022 and Payment date is December 14, 2022. 공시 • Sep 08
Barings BDC, Inc. Announces Executive Changes Barings BDC, Inc. announced On August 31, 2022, Michael Cowart notified Barings BDC, Inc. of his resignation as the Company’s Chief Compliance Officer, effective as of the close of business on September 16, 2022. Mr. Cowart’s resignation is not a result of any disagreement with the Company. On September 7, 2022, the Company’s Board of Directors appointed Benjamin Tecmire as Chief Compliance Officer of the Company, effective as of the close of business on September 16, 2022. Mr. Tecmire, 38, has served as assistant general counsel on the Barings LLC Legal Department’s Regulatory team since August 2021. Mr. Tecmire is responsible for providing legal advice to Barings with respect to the application of U.S. federal securities laws and regulations, global sanctions regulations, negotiating trading agreements and assisting with and responding to questions that arise in relation to regular trading and derivatives activities. He also serves as the primary legal adviser to Barings with respect to its ESG and sustainability programs. Prior to joining Barings, Mr. Tecmire served as Senior Counsel to the former Director of the U.S. Securities and Exchange Commission’s Division of Investment Management and as Senior Counsel in their Investment Adviser Regulation Office and Private Funds group. Mr. Tecmire holds a B.A. in political science from Columbia University, a J.D. from the George Mason University School of Law, and an LL.M. in securities and financial regulation from the Georgetown University Law Center. Upcoming Dividend • Aug 30
Upcoming dividend of US$0.24 per share Eligible shareholders must have bought the stock before 06 September 2022. Payment date: 14 September 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 9.6%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.1%). Reported Earnings • Aug 11
Second quarter 2022 earnings released: US$0.23 loss per share (vs US$0.45 profit in 2Q 2021) Second quarter 2022 results: US$0.23 loss per share (down from US$0.45 profit in 2Q 2021). Revenue: US$55.6m (up 68% from 2Q 2021). Net loss: US$25.0m (down 185% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 37% compared to a 7.8% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. 공시 • Aug 10
Barings BDC, Inc. Announces Dividend for the Third Quarter of 2022, Payable on September 14, 2022 Barings BDC, Inc. announced that Board of Directors declared a cash dividend of $0.24 per share for the third quarter of 2022.Record date is September 7, 2022 with payment date on September 14, 2022. 공시 • Jun 30
Lincoln Property Company along with Angelo, Gordon & Co., L.P. acquired Portfolio of Three Life Science Assets from Angelo, Gordon & Co., L.P. Lincoln Property Company along with Angelo, Gordon & Co., L.P. acquired Portfolio of Three Life Science Assets from Angelo, Gordon & Co., L.P. on June 28, 2022. Newmark brokered the transaction.
Lincoln Property Company along with Angelo, Gordon & Co., L.P. completed the acquisition of Portfolio of Three Life Science Assets from Angelo, Gordon & Co., L.P. on June 28, 2022. Upcoming Dividend • May 31
Upcoming dividend of US$0.24 per share Eligible shareholders must have bought the stock before 07 June 2022. Payment date: 15 June 2022. Payout ratio is on the higher end at 79% but the company is not cash flow positive. Trailing yield: 8.8%. Within top quartile of German dividend payers (4.3%). Higher than average of industry peers (2.8%). Recent Insider Transactions • May 10
Independent Director recently bought €156k worth of stock On the 9th of May, Stephen Byers bought around 16k shares on-market at roughly €9.73 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €366k more in shares than they have sold in the last 12 months. Reported Earnings • May 07
First quarter 2022 earnings released: EPS: US$0.25 (vs US$0.34 in 1Q 2021) First quarter 2022 results: EPS: US$0.25 (down from US$0.34 in 1Q 2021). Revenue: US$43.8m (up 43% from 1Q 2021). Net income: US$21.0m (down 6.5% from 1Q 2021). Profit margin: 48% (down from 74% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 34% compared to a 7.6% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. 공시 • May 06
Barings BDC, Inc. Announces Dividend for the Second Quarter of 2022, Payable on June 15, 2022 Barings BDC, Inc. announced that Board of Directors declared a dividend increase of 4% to $0.24 per share in the second quarter of 2022. Record date is June 8, 2022 with payment date on June 15, 2022. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Steve Byers was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Steve Byers was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Steve Byers was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. 공시 • Feb 26
Barings BDC, Inc. Announces Board Appointments Barings BDC, Inc. announced the closing of the previously announced merger with Sierra Income Corporation. Effective immediately after the closing of the Merger, Barings BDC increased the size of its board of directors from eight directors to 10 directors and appointed Valerie Lancaster-Beal and Stephen R. Byers, former directors of Sierra, to serve as independent members of the board of directors. Ms. Lancaster-Beal and Mr. Byers have also been appointed to serve on each standing committee of the board of directors. Reported Earnings • Feb 25
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$1.19 (up from US$0.17 in FY 2020). Revenue: US$135.3m (up 91% from FY 2020). Net income: US$77.7m (up US$69.5m from FY 2020). Profit margin: 57% (up from 12% in FY 2020). The increase in margin was primarily driven by higher revenue. Revenue exceeded analyst estimates by 1.9%. Over the next year, revenue is forecast to grow 25% compared to a 5.7% decline forecast for the funds industry in Germany. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Feb 08
Upcoming dividend of US$0.23 per share Eligible shareholders must have bought the stock before 15 February 2022. Payment date: 23 February 2022. Payout ratio is a comfortable 53% but the company is not cash flow positive. Trailing yield: 8.2%. Within top quartile of German dividend payers (3.4%). Higher than average of industry peers (2.2%). Upcoming Dividend • Nov 17
Upcoming dividend of US$0.22 per share Eligible shareholders must have bought the stock before 23 November 2021. Payment date: 01 December 2021. Trailing yield: 7.8%. Within top quartile of German dividend payers (3.1%). Higher than average of industry peers (2.6%). Reported Earnings • Nov 11
Third quarter 2021 earnings released: EPS US$0.22 (vs US$0.90 in 3Q 2020) The company reported a decent third quarter result with improved revenues, although earnings and profit margins were weaker. Third quarter 2021 results: Revenue: US$35.0m (up 114% from 3Q 2020). Net income: US$14.4m (down 67% from 3Q 2020). Profit margin: 41% (down from 264% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Aug 31
Upcoming dividend of US$0.21 per share Eligible shareholders must have bought the stock before 07 September 2021. Payment date: 15 September 2021. Trailing yield: 7.4%. Within top quartile of German dividend payers (3.1%). Higher than average of industry peers (2.6%). Reported Earnings • Aug 08
Second quarter 2021 earnings released: EPS US$0.45 (vs US$1.14 in 2Q 2020) The company reported a decent second quarter result with improved revenues, although earnings and profit margins were weaker. Second quarter 2021 results: Revenue: US$33.2m (up 105% from 2Q 2020). Net income: US$29.3m (down 47% from 2Q 2020). Profit margin: 88% (down from 339% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Executive Departure • Aug 07
Chairman of the Board Michael Freno has left the company On the 6th of August, Michael Freno's tenure as Chairman of the Board ended after 3.0 years in the role. As of March 2021, Michael still personally held 14.36k shares (€124k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 3.00 years. Upcoming Dividend • Jun 01
Upcoming dividend of US$0.20 per share Eligible shareholders must have bought the stock before 08 June 2021. Payment date: 16 June 2021. Trailing yield: 7.6%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (2.3%). Reported Earnings • May 08
First quarter 2021 earnings released: EPS US$0.34 (vs US$2.30 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$30.6m (up 64% from 1Q 2020). Net income: US$22.5m (up US$135.0m from 1Q 2020). Profit margin: 74% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. 공시 • May 07
Barings BDC, Inc. Declares Dividend for the Second Quarter of Fiscal 2021, Payable on June 16, 2021 The Board of Barings BDC, Inc. declared dividend of $0.20 per share for the second quarter of fiscal 2021. The dividend is payable on June 16, 2021 with record date as June 9, 2021. Reported Earnings • Mar 26
Full year 2020 earnings released: EPS US$0.17 (vs US$1.16 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: US$71.0m (down 6.1% from FY 2019). Net income: US$8.18m (down 86% from FY 2019). Profit margin: 12% (down from 77% in FY 2019). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Mar 01
New 90-day high: €8.15 The company is up 14% from its price of €7.15 on 01 December 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 12% over the same period. 공시 • Feb 26
Barings BDC, Inc. announced that it expects to receive $150 million in funding Barings BDC, Inc. (NYSE:BBDC) announced that it has entered into a note purchase agreement for a private placement of series D senior unsecured notes due February 26, 2026 for gross proceeds of $80 million and series E senior unsecured notes due February 26, 2028 for gross proceeds of $70 million for aggregate gross proceeds of $150 million on February 25, 2021. The series D notes bear an interest rate of 3.41% per annum and series E notes bears an interest rate of 4.06% per annum. The series D note will mature on February 26, 2026, and the Series E Notes will mature on February 26, 2028. The securities will be issued on par. The company may prepay at any time all, or from time to time any part of, the notes, in an amount not less than 10% of the aggregate principal amount of the notes then outstanding in the case of a partial prepayment, at 100% of the principal amount so prepaid, and the make-whole amount determined for the prepayment date with respect to such principal amount. The securities issued are subject to transfer restrictions. The securities issued have been guaranteed by certain of the company’s subsidiaries. The transaction is expected to close on February 26, 2021. 공시 • Feb 10
Barings BDC, Inc. to Report Q4, 2020 Results on Mar 24, 2021 Barings BDC, Inc. announced that they will report Q4, 2020 results on Mar 24, 2021 Is New 90 Day High Low • Feb 08
New 90-day high: €7.75 The company is up 14% from its price of €6.80 on 10 November 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 12% over the same period. Is New 90 Day High Low • Jan 15
New 90-day high: €7.60 The company is up 12% from its price of €6.80 on 16 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 11% over the same period. 공시 • Dec 24
Barings BDC, Inc. and MVC Capital, Inc. Appoint Directors As previously disclosed, on August 10, 2020, Barings BDC, Inc. entered into that certain Agreement and Plan of Merger (the Merger Agreement) with Mustang Acquisition Sub, Inc., MVC Capital, Inc. (MVC) and Barings LLC. The Merger Agreement provides, among other things, that, upon the terms and subject to the conditions set forth in the Merger Agreement, (i) Acquisition Sub will merge with and into MVC (the First Step), with MVC as the surviving corporation (the Surviving Corporation), and (ii) following the completion of the First Step, the Surviving Corporation will merge with and into the company (the Second Step,and, together with the First Step, the Merger), with the Company surviving the Merger. Effective immediately after the closing of the Merger, the Board increased the size of the Board from seven directors to eight directors and appointed Robert Knapp, a former director of MVC who was mutually selected by MVC and the Company, to fill the vacancy created by the expansion of the Board. Mr. Knapp has been elected as a Class I director of the Company to serve the remainder of the full term of such Class I directorship. The Board also appointed Mr. Knapp to the Nominating and Corporate Governance Committee, the Audit Committee and the Compensation Committee of the Board. The appointment of Mr. Knapp was made pursuant to the requirements of the Merger Agreement but was not otherwise made pursuant to any arrangement or understanding between Mr. Knapp and any other person. Further, with regard to Mr. Knapp, there are no transactions since the beginning of the Company's last fiscal year, or any currently proposed transaction, in which the Company is a participant that would require disclosure under Item 404(a) of Regulation S-K promulgated by the SEC. Is New 90 Day High Low • Dec 10
New 90-day high: €7.55 The company is up 11% from its price of €6.80 on 10 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share. Recent Insider Transactions • Dec 09
Director recently bought €111k worth of stock On the 7th of December, David Mihalick bought around 15k shares on-market at roughly €7.42 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €554k more in shares than they have sold in the last 12 months. Upcoming Dividend • Nov 17
Upcoming Dividend of US$0.17 Per Share Will be paid on the 2nd of December to those who are registered shareholders by the 24th of November. The trailing yield of 7.7% is in the top quartile of German dividend payers (3.7%), and it is higher than industry peers (2.4%). 공시 • Nov 13
Barings BDC, Inc. Announces Board Changes On November 9, 2020, Thomas M. Finke submitted his resignation from the Board of Directors of Barings BDC, Inc. effective as of the close of business on November 30, 2020. Mr. Finke, Strategic Advisor and former Chief Executive Officer of Barings LLC (“Barings”), the Company’s external investment adviser, has decided to retire from Barings effective November 30, 2020. Mr. Finke’s resignation was not the result of a disagreement with the Company on any matter relating to its operations, policies or practices. The Board, upon recommendation from its Nominating and Corporate Governance Committee, has appointed David Mihalick to fill the vacant seat created by Mr. Finke’s resignation, effective as of the close of business on November 30, 2020, to serve as a Class III member of the Board for the remainder of the full term of such Class III directorship. Is New 90 Day High Low • Nov 11
New 90-day high: €7.05 The company is up 3.0% from its price of €6.85 on 13 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share. Reported Earnings • Nov 11
Third quarter 2020 earnings released: EPS US$0.90 Third quarter 2020 results: Revenue: US$16.3m (down 15% from 3Q 2019). Net income: US$43.2m (up US$38.0m from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Analyst Estimate Surprise Post Earnings • Nov 11
Revenue beats expectations Revenue exceeded analyst estimates by 0.2%. Over the next year, revenue is forecast to grow 32% while the growth in Capital Markets industry in Germany is expected to stay flat. 공시 • Nov 10
Barings BDC, Inc. to Report Q3, 2020 Results on Nov 09, 2020 Barings BDC, Inc. announced that they will report Q3, 2020 results at 8:15 PM, GMT Standard Time on Nov 09, 2020 공시 • Nov 06
Barings BDC, Inc. announced that it expects to receive $175 million in funding from a group of investors Barings BDC, Inc. (NYSE:BBDC) announced that it has entered into a note agreement with the investors for 4.25% series B senior unsecured notes due November 4, 2025 for proceeds of $62,500,000 and 4.75% series C senior unsecured notes due November 4, 2027 for proceeds of $112,500,000 for proceeds of $175,000,000 on November 4, 2020. The transaction will include participation from Athene Annuity & Life Assurance Company, Jackson National Life Insurance Company, The Guardian Life Insurance Company of America, Guaranty Income Life Insurance Company, Lincoln Benefit Life Company, Inc., United Life Insurance Company, Kuvare Life Re Ltd., and Massachusetts Mutual Life Insurance Company. The series B notes bears an interest rate of 4.25% per year and will mature on November 4, 2025, series C notes bears interest rate of 4.75% per year and will mature on November 4, 2027. Each interest rate is subject to a step up of 0.75% per year, to the extent the applicable notes do not satisfy certain investment grade conditions and 1.50% per year, to the extent the ratio of secured debt to total assets exceed specified thresholds, measured as of each fiscal quarter end. The transaction will close on or about November 5, 2020. 공시 • Oct 15
Barings Appoints Shawn Kimble as Head of US Real Estate Capital Markets Barings has announced the appointment of Shawn Kimble as Head of US Real Estate Capital Markets, the company said.