Barings Global Private Credit

#DirectLending deals may be getting bigger, but the most compelling relative value arguably (still) lies in the traditional or “true” #MiddleMarket. Tyler Gately and Stuart Mathieson share their views on how the lending landscape is evolving and what that means for investors and sponsors. #PrivateCredit Learn more: https://lnkd.in/e9Gnme5z

Barings today announced it has served as lead senior agent to provide $200 million in committed senior debt financing to support Kian Capital Partners’ sale of SPATCO Energy Solutions into a single-asset continuation fund investment vehicle managed by Kian. “Barings is pleased to continue our partnership with Kian, with which we have completed multiple financings, and to support their portfolio company SPATCO in the next chapter of the Company’s growth,” said Scott Chappell, Managing Director in Barings’ Global Private Finance Group. “We are impressed by SPATCO’s long-tenured, market leading position, and mission critical offerings within the fueling station infrastructure space.” Read more here: https://ow.ly/NLqO50SJvkK

Matthew Freund, CFA, President of Barings BDC, joined InvestmentNews’ Gregg Greenberg today to discuss where his team is seeing opportunities to deploy capital, the different types of BDCs, and the pros and cons investors should consider in deciding how to invest. Stay tuned for the full video!

Barings today announced it has provided a second lien debt and equity co-investment to support Mill City Capital’s recapitalization of Diversified Packaging. “Barings is excited to partner with Mill City Capital and their portfolio company Diversified Packaging as the sole provider of senior secured term debt for the deal,” said Steve Jarvis, Managing Director in Barings’ Global Private Finance Group. “Diversified Packaging is an attractive investment opportunity due to its strong customer relationships, favorable industry tailwinds, and differentiated, value-add service offerings.” Read more: https://ow.ly/u90G50SH9a5

Matthew Freund, CFA, President of Barings BDC, speaks with FundFire’s Tom Stabile about his outlook for interest rates and how rates impact the BDC and broader private credit landscape. Watch here: https://ow.ly/61Mb50SCzjq

Barings is excited to sponsor #TideSpark2024, a conference dedicated to promoting diversity and inclusion within the financial industry. At this year’s event, Christina Emery, Managing Director in our Global Private Finance Group, will moderate a breakout session on the future of private credit. Learn more: https://ow.ly/6cIL50SxjjI The Investment Diversity Exchange (TIDE)

Barings is pleased to announce its role as sole lender in providing additional debt financing to support Five V Capital’s portfolio company, Permaconn’s bolt-on acquisition of Romteck. Justin Hooley, Managing Director in Barings’ Asia Pacific Private Finance Group said, “We have been impressed by the growth of Permaconn since we initially committed credit facilities to Permaconn’s prior owners in 2021 and have continued to do so since Five V’s acquisition. We look forward to the next stage of the success story of the business.” Learn more: https://ow.ly/RXow50SvSX4

Barings today announced that it is providing senior secured facilitates in support of The Riverside Company’s investment in Virtual IT Group (VITG), a leading IT Managed Service provider in Australia. Justin Hooley, Managing Director in Barings’ Asia Pacific Private Finance Group said, “VITG is a prominent player in the IT Managed Services sector, providing a comprehensive one-stop-shop solution to Australian mid-market companies. This investment is a continuation of our global support for the sector, which we have financed in Europe and the U.S. through comparable portfolio companies.” Read more: https://ow.ly/rmNH50SutjM

It’s an exciting time for infrastructure debt. And thanks to a number of supportive long-term trends—like the transition to renewable energy sources—the opportunity in the asset class isn’t likely to fade anytime soon. Watch our 10-minute Masterclass to learn more: https://ow.ly/MNYu50St2Qu

Matthew Freund, CFA, President of Barings BDC, recently spoke with FundFire’s Tom Stabile about the strong demand for floating rate debt from institutional and individual investors alike. Watch here: https://ow.ly/Foyv50SsPMM