BDCs Are Selling Investment-Grade Bonds Again After a Frozen Quarter
Barings BDC (BBDC) issued $350 million in debt with a 6.5% interest rate, using proceeds to pay down lines of credit. This move may help avoid credit crunches but carries risks if interest rates fall. Other BDCs like Blue Owl (OBDC), Main Street (MAIN), and Ares (ARCC) have also issued debt, suggesting easing credit concerns in the sector.





