Barings Private Credit Corp Fulfills ~44% of 1Q26 Redemption Requests

Barings Private Credit Corp fulfilled 44.3% of 1Q26 redemptions requests on a pro rata basis, paying out approximately $139.7 million to redeeming shareholders via promissory notes. The offer was meaningfully oversubscribed, coming at a time when 1Q26 showed meaningful stress from rising non-accruals, broader unrealized depreciation, and a total return of less than 1% for the quarter.