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Unaudited Consolidated Schedule of Investments - Derivative Instruments (Parenthetical) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2025
Sep. 30, 2025
Dec. 31, 2024
Schedule of Investments [Line Items]      
Unrealized Appreciation (Depreciation) $ 7,259 $ (18,401)  
Interest Rate Swap      
Schedule of Investments [Line Items]      
Unrealized Appreciation (Depreciation)   $ 2,234 $ (4,396)
Interest Rate Swap | Senior Unsecured Notes due February 2029      
Schedule of Investments [Line Items]      
Company Receives 7.00% 7.00% 7.00%
Company Pays 3.1475% 3.1475% 3.1475%
Notional Amount $ 300,000 $ 300,000 $ 300,000
Value $ 3,874 3,874 (4,396)
Unrealized Appreciation (Depreciation)   $ 3,874 (4,396)
Interest Rate Swap | Senior Unsecured Notes due September 2028      
Schedule of Investments [Line Items]      
Company Receives 5.20% 5.20%  
Company Pays 2.059% 2.059%  
Notional Amount $ 300,000 $ 300,000  
Value (1,640) (1,640)  
Unrealized Appreciation (Depreciation)   (1,640)  
Credit Support Agreements      
Schedule of Investments [Line Items]      
Notional Amount 100,000 100,000 123,000
Value 52,800 52,800 63,450
Unrealized Appreciation (Depreciation)   8,400 5,450
MVC Credit Support Agreement      
Schedule of Investments [Line Items]      
Unrealized Appreciation (Depreciation)     5,650
MVC Credit Support Agreement | Barings LLC      
Schedule of Investments [Line Items]      
Notional Amount [1],[2],[3]     23,000
Value [1],[2],[3]     19,250
Unrealized Appreciation (Depreciation) [1],[2],[3]     5,650
Sierra Credit Support Agreement      
Schedule of Investments [Line Items]      
Unrealized Appreciation (Depreciation)   8,400 (200)
Sierra Credit Support Agreement | Barings LLC      
Schedule of Investments [Line Items]      
Notional Amount 100,000 [4],[5],[6] 100,000 [4],[5],[6] 100,000 [7],[8],[9]
Value $ 52,800 [4],[5],[6] 52,800 [4],[5],[6] 44,200 [7],[8],[9]
Unrealized Appreciation (Depreciation)   $ 8,400 [4],[5],[6] $ (200) [7],[8],[9]
[1] Settlement Date means the earlier of (1) January 1, 2031 or (2) the date on which the entire MVC Reference Portfolio has been realized or written off.
[2] The Company and Barings entered into the MVC Credit Support Agreement pursuant to which Barings agreed to provide credit support to the Company in the amount of up to $23.0 million.
[3] The MVC Credit Support Agreement (as defined in “Note 2 - Agreements and Related Party Transactions”) covers all of the investments acquired by the Company from MVC in connection with the MVC Acquisition and any investments received by the Company in connection with the restructuring, amendment, extension or other modification (including the issuance of new securities) of any of the investments acquired by the Company from MVC in connection with the MVC Acquisition (collectively, the “MVC Reference Portfolio”). Each investment that is included in the MVC Reference Portfolio is denoted in the above Schedule of Investments with footnote (27).
[4] Settlement Date means the earlier of (1) April 1, 2032 or (2) the date on which the entire Sierra Reference Portfolio has been realized or written off.
[5] The Company and Barings LLC (“Barings” or the “Adviser”) entered into the Sierra Credit Support Agreement pursuant to which Barings agreed to provide credit support to the Company in the amount of up to $100.0 million.
[6] The Sierra Credit Support Agreement (as defined in “Note 2 – Agreements and Related Party Transactions”) covers all of the investments acquired by Barings BDC, Inc. (the “Company”) from Sierra Income Corporation (“Sierra”) in connection with the Sierra Merger (as defined in “Note 2 – Agreements and Related Party Transactions”) and any investments received by the Company in connection with the restructuring, amendment, extension or other modification (including the issuance of new securities) of any of the investments acquired by the Company from Sierra in connection with the Sierra Merger (collectively, the “Sierra Reference Portfolio”). Each investment that is included in the Sierra Reference Portfolio is denoted in the above Schedule of Investments with footnote (28).
[7] Settlement Date means the earlier of (1) April 1, 2032 or (2) the date on which the entire Sierra Reference Portfolio has been realized or written off.
[8] The Company and Barings entered into the Sierra Credit Support Agreement pursuant to which Barings agreed to provide credit support to the Company in the amount of up to $100.0 million.
[9] The Sierra Credit Support Agreement covers all of the investments acquired by the Company from Sierra in connection with the Sierra Merger and any investments received by the Company in connection with the restructuring, amendment, extension or other modification (including the issuance of new securities) of any of the Sierra Reference Portfolio. Each investment that is included in the Sierra Reference Portfolio is denoted in the above Schedule of Investments with footnote (28).