Name | Value |
---|---|
Revenues | 74.9M |
Cost of Revenue | 0.0M |
Gross Profit | 74.9M |
Operating Expense | 11.7M |
Operating I/L | 63.2M |
Other Income/Expense | -43.5M |
Interest Income | 59.4M |
Pretax | 19.8M |
Income Tax Expense | 0.3M |
Net Income/Loss | 19.4M |
Barings BDC, Inc. (NYSE: BBDC) is a publicly traded business development company specializing in providing financing to private middle-market companies. It primarily invests in senior secured loans, first lien debt, second lien debt, and equity co-investments across various industries such as manufacturing, business services, technology, transportation, logistics, and consumer products. The company focuses on mezzanine, leveraged buyouts, management buyouts, and growth financing for companies with EBITDA of $10 million to $75 million, typically in private equity sponsor-backed transactions.