{"filing":{"accession_number":"0001859919-26-000043","cik":"0001859919","ticker":null,"company_name":"Barings Private Credit Corp","form":"8-K","filing_date":"2026-05-21","report_date":null,"primary_document":"bdc-20260521.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1859919/000185991926000043/bdc-20260521.htm"},"events":[{"id":9626,"run_id":8442,"accession_number":"0001859919-26-000043","anchor_item_number":"3.02","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"summary":"Barings Private Credit Corp completed an unregistered sale of 715,267.588 shares of common stock for approximately $14.3 million pursuant to subscription agreements with investors, exempt under Section 4(a)(2) and Regulation D/S.","company_name":"Barings Private Credit Corp","ticker":null,"filing_date":"2026-05-21","form":"8-K","submitted_at":null,"items":[{"id":1303,"accession_number":"0001859919-26-000043","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"The filing discloses an unregistered sale of 715,267.588 shares of common stock for approximately $14.3 million pursuant to subscription agreements with investors, exempt under Section 4(a)(2) and Regulation D/S. This is a classic private placement that dilutes existing shareholders and represents a material capital raise for the company.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-22T03:23:28.166614+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":9627,"run_id":8442,"accession_number":"0001859919-26-000043","anchor_item_number":"8.01","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.72,"summary":"The company disclosed its net asset value per share of $20.06 as of April 30, 2026, and provided a material update on the status of an ongoing private offering of up to $4.5 billion in Common Stock, noting that 145.2 million shares have been issued for $2.99 billion to date with continued monthly sales planned.","company_name":"Barings Private Credit Corp","ticker":null,"filing_date":"2026-05-21","form":"8-K","submitted_at":null,"items":[{"id":1305,"accession_number":"0001859919-26-000043","item_number":"8.01","item_title":"Other Events.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.72,"reasoning":"The filing discloses the net asset value per share ($20.06 as of April 30, 2026) and provides a material update on the status of an ongoing private offering of up to $4.5 billion in Common Stock, noting that 145.2 million shares have been issued for $2.99 billion to date with continued monthly sales planned. While this involves a dilutive issuance, the disclosure is primarily a status update on an ongoing offering rather than announcement of a new discrete issuance event, and the emphasis on NAV and offering progress does not fit cleanly into the dilutive_issuance category (which typically flags discrete private placements or PIPEs). The disclosure is material to investors assessing the company's capital structure and offering trajectory.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-22T03:23:28.166614+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":9628,"run_id":8442,"accession_number":"0001859919-26-000043","anchor_item_number":"7.01","event_type":"other_material","event_domain":"catchall","is_material":false,"confidence":0.85,"summary":"The Board of Directors declared a routine monthly distribution of $0.175 per share for June 2026, a regular recurring distribution to shareholders.","company_name":"Barings Private Credit Corp","ticker":null,"filing_date":"2026-05-21","form":"8-K","submitted_at":null,"items":[{"id":1304,"accession_number":"0001859919-26-000043","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"other_material","event_domain":"catchall","is_material":false,"confidence":0.85,"reasoning":"This disclosure announces a routine monthly distribution of $0.175 per share declared by the Board of Directors for June 2026. While distributions are important to shareholders of a BDC/closed-end fund, this is a regular, recurring monthly distribution that does not represent a material change in the registrant's financial condition, operations, or capital structure. It is administrative in nature and does not fit the specific material event categories (no earnings release, no executive changes, no M\u0026A, no impairment, etc.).","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-22T03:23:28.166614+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":1303,"accession_number":"0001859919-26-000043","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"The filing discloses an unregistered sale of 715,267.588 shares of common stock for approximately $14.3 million pursuant to subscription agreements with investors, exempt under Section 4(a)(2) and Regulation D/S. This is a classic private placement that dilutes existing shareholders and represents a material capital raise for the company.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-22T03:23:28.166614+00:00","company_name":"Barings Private Credit Corp","ticker":null,"filing_date":"2026-05-21"},{"id":1304,"accession_number":"0001859919-26-000043","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"other_material","event_domain":"catchall","is_material":false,"confidence":0.85,"reasoning":"This disclosure announces a routine monthly distribution of $0.175 per share declared by the Board of Directors for June 2026. While distributions are important to shareholders of a BDC/closed-end fund, this is a regular, recurring monthly distribution that does not represent a material change in the registrant's financial condition, operations, or capital structure. It is administrative in nature and does not fit the specific material event categories (no earnings release, no executive changes, no M\u0026A, no impairment, etc.).","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-22T03:23:28.166614+00:00","company_name":"Barings Private Credit Corp","ticker":null,"filing_date":"2026-05-21"},{"id":1305,"accession_number":"0001859919-26-000043","item_number":"8.01","item_title":"Other Events.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.72,"reasoning":"The filing discloses the net asset value per share ($20.06 as of April 30, 2026) and provides a material update on the status of an ongoing private offering of up to $4.5 billion in Common Stock, noting that 145.2 million shares have been issued for $2.99 billion to date with continued monthly sales planned. While this involves a dilutive issuance, the disclosure is primarily a status update on an ongoing offering rather than announcement of a new discrete issuance event, and the emphasis on NAV and offering progress does not fit cleanly into the dilutive_issuance category (which typically flags discrete private placements or PIPEs). The disclosure is material to investors assessing the company's capital structure and offering trajectory.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-22T03:23:28.166614+00:00","company_name":"Barings Private Credit Corp","ticker":null,"filing_date":"2026-05-21"}]}
