HedgeCo.Net — Barings Private Credit Corporation priced $350 million of 6.500% notes due 2031 on August 13, a 144A and Regulation S placement that Reuters confirmed and that is expected to close August 18, subject to customary conditions. The Charlotte-based business development company is adding five-year fixed-rate term debt to a balance sheet that has been built on bank lines and private equity subscriptions. The notes are unregistered. They are redeemable at the company’s option at par plus...
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