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Barings BDC has appointed Thomas Q. McDonnell as CEO, effective January 1, 2026, succeeding Eric Lloyd. McDonnell brings over 30 years of experience in finance, investment management, and strategic business planning, including nearly two decades at Barings. Lloyd will continue as Executive Chairman and President of Barings LLC. McDonnell will lead the company in delivering long-term value for shareholders, leveraging the Barings credit platform and disciplined underwriting.

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