Barings BDC Inc (NYSE:BBDC) Q3 2023 Earnings Conference Call November 10, 2023 9:00 AM ET

Company Participants

Eric Lloyd - Executive Chairman and Chief Executive Officer

Ian Fowler - Co-Head, Global Private Finance and President

Elizabeth Murray - Chief Financial Officer

Matt Freund - Co-Portfolio Manager

Bryan High - Co-Portfolio Manager

Conference Call Participants

Kyle Joseph - Jefferies

Robert Dodd - Raymond James

Casey Alexander - Compass Point

Operator

Greetings. At this time, I would like to welcome everyone to the Barings BDC Inc Conference call for the quarter ended September 30th, 2023. All participants are in a listen-only mode. A question-and-answer session will follow the company's formal remarks. [Operator Instructions] Today's call is being recorded and a replay will be available approximately two hours after the conclusion of the call on the company's website at www.barings.com under the investor relations section.

Please note that this call may contain forward-looking statements that include statements regarding the company's goals, beliefs, strategies, future operating results, and cash flows. Although the company believes these statements are reasonable, actual results could differ materially from those projected in forward-looking statements. These statements are based on various underlying assumptions and are subject to numerous uncertainties and risks, including those disclosed under the sections titled Risk Factors and Forward-Looking Statements in the company's quarterly report on Form 10-Q for the quarter ended September 30th, 2023, as filed with the Securities and Exchange Commission. Bearings BDC undertakes no obligation to update or revise any forward-looking statements unless required by law.

I will now turn the call over to Eric Lloyd, Chief Executive Officer of Barings BDC.

Eric Lloyd

Thank you, operator, and good morning, everyone. With it being Veterans Day tomorrow, I want to start off by thanking all the veterans that are on the phone, and any of their family members or loved ones who've supported veterans over the years. We're very grateful for your service and everything you've done for our country.

[Indiscernible] we appreciate you joining us for today's call. Please note that throughout today's call, we'll be referring to our third quarter 2023 earnings presentation that's posted on the investor relations section of our website.

On the call today I'm joined by Barings Co-Head of Global Private Finance and President of Barings BDC, Ian Fowler; the BDC's Chief Financial Officer, Elizabeth Murray, and the BDC's Co-Portfolio Managers, Bryan High and Matt Freund.

I'd like to start by acknowledging that we have refreshed them with a presentation of our financial information and portfolio statistics. Over the course of the past several months, the team has been intentional about presenting information in a manner consistent with how we review and manage the portfolio. The strategy has not changed. Barings BDC was and remains an investor in the credit of companies engaged in the middle market. Our portfolio is predominantly sponsor-backed and is complemented by a selection of non-sponsored and platform investments.