Item 3.02. Unregistered Sales of Equity Securities.
As of May 1, 2026, Barings Private Credit Corporation (the "Company") sold 715,267.588 unregistered shares (the "Sold Shares") of the Company's common stock, par value $0.001 per share (the "Common Stock"), (with the number of Sold Shares issued being determined on May 21, 2026) pursuant to subscription agreements entered into with the participating investors for aggregate consideration of approximately $14.3 million.
The offer and sale of the Sold Shares were 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 thereunder and/or Regulation S under the Securities Act (the "Private Offering").
The per share price at which the Company issued the Sold Shares was determined in accordance with Section 23 of the Investment Company Act of 1940, as amended.
Item 7.01. Regulation FD Disclosure.
June 2026 Distribution
On May 21, 2026, the Board of Directors declared a regular monthly distribution for June 2026 in the gross amount of $0.175 per share, payable on June 26, 2026 to stockholders of record on June 24, 2026.