# EDGAR Filing Document

**Accession Number:** 0001859919
**File Stem:** 0001859919-23-000002
**Filing Date:** 2023-1
**Character Count:** 6708
**Document Hash:** 13e2a3b48405d8c28b6ae5aa5b46f22b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001859919-23-000002.hdr.sgml**: 20230125

**ACCESSION NUMBER**: 0001859919-23-000002

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230124

**ITEM INFORMATION**: Unregistered Sales of Equity Securities

**ITEM INFORMATION**: Other Events

**FILED AS OF DATE**: 20230125

**DATE AS OF CHANGE**: 20230125

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Barings Private Credit Corp
- **CENTRAL INDEX KEY:** 0001859919
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 814-01397
- **FILM NUMBER:** 23552244

**BUSINESS ADDRESS:**
- **STREET 1:** 300 SOUTH TRYON STREET
- **STREET 2:** SUITE 2500
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28202
- **BUSINESS PHONE:** 704-805-7200

**MAIL ADDRESS:**
- **STREET 1:** 300 SOUTH TRYON STREET
- **STREET 2:** SUITE 2500
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Barings Private Credit LLC
- **DATE OF NAME CHANGE:** 20210430

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the**

**Securities Exchange Act of 1934**

**Date of Report (Date of earliest event reported): January 24, 2023**

_________________________________________________________

**Barings Private Credit Corporation**

**(Exact name of registrant as specified in its charter)**

_________________________________________________________

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| | | |
|:---|:---|:---|
| **Maryland** | **814-01397** | **86-3780522** |
| **(State or Other Jurisdiction<br>of Incorporation)** | **(Commission<br>File Number)** | **(IRS Employer<br>Identification No.)** |
| **300 South Tryon Street, Suite 2500<br>Charlotte, North Carolina** | **300 South Tryon Street, Suite 2500<br>Charlotte, North Carolina** | **28202** |
| **(Address of Principal Executive Offices)** | **(Address of Principal Executive Offices)** | **(Zip Code)** |

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**Registrant's telephone number, including area code: (704) 805-7200**

**N/A**

**(Former name or former address, if changed since last report.)**

_________________________________________________________

**Securities registered pursuant to Section 12(b) of the Act:** None.

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

◻ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

◻ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

◻ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

◻ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ⌧

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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**Item 3.02.&nbsp;&nbsp;&nbsp;&nbsp;Unregistered Sales of Equity Securities.**

As of January 3, 2023, Barings Private Credit Corporation (the "Company") sold 69,537.712\* unregistered shares (the "Shares") of the Company's common stock, par value $0.001 per share (the "Common Stock"), (with the number of shares issued being determined on January 24, 2023) pursuant to subscription agreements entered into with the participating investors for aggregate consideration of approximately $1.4 million.

The offer and sale of the Shares was exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"), pursuant to Section 4(a)(2) thereof and Regulation D and/or Regulation S thereunder (the "Private Offering").

**Item 8.01.&nbsp;&nbsp;&nbsp;&nbsp;Other Events.**

***Net Asset Value***

The net asset value per share of the Common Stock as of December 31, 2022 is $20.55\*.

As of December 31, 2022, the Company's aggregate net asset value was $1,087.3 million\*, the fair value of its investment portfolio was $2,157.9 million\* and it had $1,118.8 million in debt outstanding (at principal).

***Net Investment Income***

The Company's net investment income per share of the Common Stock for the three months ended December 31, 2022 is $0.58.

***Status of Offering***

The Company is currently conducting the Private Offering on a continuous basis for up to $2.0 billion in shares of Common Stock. As of the date hereof, the Company has issued an aggregate of 52,969,847.35\* shares of Common Stock in the Private Offering for total consideration of $1,079.7 million. The Company intends to continue selling shares of Common Stock in the Private Offering on a monthly basis.

\* The net asset value per share of Common Stock as of December 31, 2022, the number of Shares issued as of January 3, 2023 based on the December 31, 2022 net asset value, and the fair value of the Company's investment portfolio as of December 31, 2022 are preliminary estimates based on the Company's preliminary determinations and current expectations, and such information is inherently uncertain. These preliminary figures are subject to completion of the Company's customary year-end closing and review procedures and third-party audit, including the determination of the fair value of Company's portfolio investments. As a result, actual results could differ materially from the current preliminary estimates based on adjustments made during the Company's year-end closing and review procedures and third-party audit, and the Company's reported information in its Annual Report on Form 10-K for the year ended December 31, 2022 may differ from this information, and any such differences may be material.

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**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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| | | |
|:---|:---|:---|
| | Barings Private Credit Corporation | Barings Private Credit Corporation |
| Date: January 25, 2023 | By: | /s/ Jonathan A. Landsberg |
|  |  | Jonathan A. Landsberg |
|  |  | Chief Financial Officer |

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