Barings BDC, Inc. (BBDC) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

At this time, I'd like to welcome everyone to the Barings BDC Inc. conference call for the quarter and year ended December 31st, 2025. All participants are in listen-only mode. A question and answer session will follow the company's formal remarks. If you'd like to be placed in the question queue, you may press star 1 at any time. 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. on the investor relations section. At this time, I'll turn the call over to Joe Mazzoli, Head of Investor Relations for Barings BDC. 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 that are subject to numerous uncertainties and risks, including those disclosed under the sections titled Risk Factors and Forward-Looking Statements. In the company's annual report on Form 10-K for the fiscal year ended, December 31st, 2025, as filed with the Securities and Exchange Commission. Barings BDC undertakes no obligation to update or revise any forward-looking statements unless required by law. I will now turn the call over to Tom McDonald, Chief Executive Officer of Barings BDC. Thanks, Joe, and good morning, everyone. On the call today, I'm joined by Barings BDC's President, Matt Freund, Chief Financial Officer Elizabeth Murray, Barings Head of Global Private Finance and BBDC Portfolio Manager Brian High. Before I discuss our quarterly and annual results, I...