Item 1.01. Entry into a Material Definitive Agreement.
On June 24, 2026, Barings Private Credit Corporation (the "Company") entered into the First Amendment to the Amended and Restated Senior Secured Revolving Credit Agreement (the "First Amendment"), by and among the Company, as borrower, the lenders and issuing banks party thereto and Sumitomo Mitsui Banking Corporation ("SMBC"), as administrative agent, which amends that certain Amended and Restated Senior Secured Revolving Credit Agreement, dated as of December 23, 2025, by and among, among others, the Company, as borrower, the lenders and issuing banks party thereto, and SMBC, as administrative agent, lead arranger and sole bookrunner (as amended by the First Amendment and as may be further amended, restated, supplemented or otherwise modified from time to time, the "SMBC Credit Facility").
The First Amendment, among other changes: (a) increases the total facility amount from $465.0 million to $540.0 million and (b) increases the accordion provision to permit increases to a total facility amount of up to $750.0 million.
The foregoing description is only a summary of the material provisions of the First Amendment and is qualified in its entirety by reference to a copy of the First Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated by reference herein.
Item 2.03. Creation of Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
The information required by Item 2.03 contained in Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference.