NewsPrivate Credit05/06/2026
Barings Private Credit subsidiary enters USD 500 million facility
Wells Fargo →Barings Private Credit Corporation disclosed a USD 500 million secured facility for BPC Funding 2 LLC, effective June 3, 2026. Wells Fargo is administrative agent, co-lead manager and swingline lender; MUFG is co-lead manager. Conditional expansion could raise capacity to USD 850 million. The agreement specifies June 1, 2029 reinvestment expiry and June 3, 2031 maturity.