Barings BDC reports Q2 NII 31c, consensus 29c

Commenting on the quarter, Eric Lloyd, Chief Executive Officer of Barings BDC, stated, “We continued to deliver strong results for our shareholders through the second quarter, led by increased investment income combined with strong credit characteristics within our holdings. BBDC‘s diversified portfolio of directly originated middle market loans, conservatively underwritten to withstand the effects of higher base rates, have contributed to a 1.5% increase in net asset value per share compared to the prior quarter.”