<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>2
<FILENAME>ifowler.txt
<TEXT>
SEC Form 3, Form 4 and Form 5 and Application for EDGAR Access
(Form ID) Confirmation of Authority to Sign


Pursuant to Instruction 7 to SEC "Form 3 - Initial Statement of Beneficial
Ownership of Securities", "Form 4--Statement of Changes in Beneficial Ownership"
and "Form 5 - Annual Statement of Beneficial Ownership of Securities", the
undersigned, being an Officer of Babson Capital Management LLC,  investment
adviser to Babson Capital Corporate Investors and Babson Capital Participation
Investors (each, a "Trust"), hereby appoint and designate Jessica Burns, Ruth
Howe, Ann Malloy, and Melissa LaGrant each as my true and lawful attorneys in
fact with full power to (a) apply for access to the EDGAR filing system in my
name and (b) sign for me and file with the Securities and Exchange Commission,
the New York Stock Exchange and the Trust said SEC Forms 3, 4 and/or 5 with
respect to shares of the Trust purchased or sold by the undersigned or any
otherchange of beneficial ownership relating to equity or derivative securities
of the Trust required to be reportedby the undersigned.
This authorization shall remain in effect until a written revocation is executed
by the undersigned and filed with the Securities and Exchange Commission.





Date:             06-04-2012
Name:             Ian M. Fowler
Title:            Managing Director of Babson Capital Management LLC



</TEXT>
</DOCUMENT>
