<SEC-DOCUMENT>0001140361-22-006424.txt : 20220223
<SEC-HEADER>0001140361-22-006424.hdr.sgml : 20220223
<ACCEPTANCE-DATETIME>20220223171700
ACCESSION NUMBER:		0001140361-22-006424
CONFORMED SUBMISSION TYPE:	424B3
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20220223
DATE AS OF CHANGE:		20220223

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Barings BDC, Inc.
		CENTRAL INDEX KEY:			0001379785
		IRS NUMBER:				061798488
		STATE OF INCORPORATION:			NC
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		424B3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-260591
		FILM NUMBER:		22665024

	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:	Triangle Capital CORP
		DATE OF NAME CHANGE:	20061101
</SEC-HEADER>
<DOCUMENT>
<TYPE>424B3
<SEQUENCE>1
<FILENAME>ny20002465x2_424b3.htm
<DESCRIPTION>424B3
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      <div style="text-align: right; color: #000000; font-weight: bold;">Filed Pursuant to Rule 424(b)(3)</div>
      <div style="text-align: right; color: #000000; font-weight: bold;">Registration No. 333-260591</div>
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    <div style="text-align: center; font-weight: bold;">BARINGS BDC, INC.</div>
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    <div style="text-align: center; font-weight: bold;">SIERRA INCOME CORPORATION</div>
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    <div style="text-align: center; font-weight: bold;">Supplement No. 2, dated February 23, 2022, to the</div>
    <div style="text-align: center; font-weight: bold;">Proxy Statement/Prospectus, dated December 28, 2021</div>
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    </div>
    <div style="text-indent: 36pt;">This supplement contains information that amends, supplements or modifies certain information contained in the prospectus of Barings BDC, Inc. (&#8220;Barings BDC&#8221;), dated December 28, 2021 (the &#8220;Prospectus&#8221;), and the
      definitive proxy statement of Sierra Income Corporation (&#8220;Sierra&#8221;), dated December 28, 2021 (the &#8220;Proxy Statement&#8221; and, together with the Prospectus, the &#8220;Proxy Statement/Prospectus&#8221;). This supplement is part of, and should be read in conjunction
      with, the Proxy Statement/Prospectus. The Proxy Statement/Prospectus has been filed with the U.S. Securities and Exchange Commission (the &#8220;SEC&#8221;), and is available free of charge at www.sec.gov or by calling Barings BDC at (888) 401-1088, by sending
      an email to Barings BDC at BDCinvestorrelations@barings.com or by writing to Barings BDC at 300 South Tryon Street, Suite 2500, Charlotte, North Carolina 28202, Attention: Investor Relations, or by contacting Sierra at Sierra Income Corporation, 100
      Park Avenue, 16th Floor, New York, New York 10017 or by telephone at (212) 759-0777. Capitalized terms used herein but not defined shall have the meanings ascribed to such terms in the Proxy Statement/Prospectus.</div>
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    <div style="text-align: center; font-weight: bold;">INCORPORATION BY REFERENCE FOR BARINGS BDC</div>
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    <div>This supplement incorporates by reference the documents set forth below that have previously been filed with the SEC:</div>
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              <div>Barings BDC&#8217;s Annual Report on Form 10-K for the fiscal year ended December 31, 2021, filed with the SEC on <a href="https://www.sec.gov/Archives/edgar/data/1379785/000137978522000008/a202110-k.htm">February 23, 2022</a>.</div>
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    <div style="text-align: center; font-weight: bold;">INCORPORATION BY REFERENCE FOR SIERRA</div>
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    <div>This supplement incorporates by reference the documents set forth below that have previously been filed with the SEC:</div>
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              <div style="margin-left: 18pt;">&#8226;</div>
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              <div>Sierra&#8217;s Current Report on Form 8-K (other than information furnished rather than filed) filed with the SEC on <a href="https://www.sec.gov/Archives/edgar/data/1523526/000121390022008361/ea155925-8k_sierracorp.htm">February 18, 2022</a>.</div>
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