Barings BDC, Inc. is a closed-end, non-diversified investment company. The Company’s investment objective is to generate income by investing directly in privately held middle-market companies to help companies fund acquisitions, growth or refinancing. It is focused on investing in syndicated senior secured loans, bonds and other fixed-income securities. The Company’s portfolio to primarily senior secured private debt investments that operate across a range of industries. The Company’s investment adviser is Barings LLC.