Barings BDC reports Q1 NII 28c, consensus 30c

Commenting on the quarter, Eric Lloyd, Chief Executive Officer of Barings BDC, stated, “We are proud of the strong results generated in the first quarter, including delivering our highest NAV since 2022, which was primarily driven by investment appreciation, highlighting our focus on protecting and growing the value of our investors’ capital. In addition, we continue to meaningfully out-earn our dividend while making strong progress on monetizing non-core investments and adding attractive, high-quality direct lending assets to the portfolio.”