Barings Supports Graham Partners' Investment in Woodland Foods
January 31, 2022 at 06:00 pm
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Barings announced it served as lead agent for a senior secured facility to support private investment firm Graham Partners' investment in Woodland Foods, LLC. Headquartered in Waukegan, IL, Woodland Foods is an established leader in supplying specialty food ingredients and innovative culinary products to the food service, industrial, and retail sectors for more than 30 years.
Barings BDC, Inc. is a closed-end, non-diversified investment company. The Companyâs investment objective is to generate current income by investing directly in privately held middle-market companies to help these companies fund acquisitions, growth or refinancing. The Company invest in predominately senior secured private debt investments in middle-market businesses that operate across a range of industries. It invests primarily in loans that have terms of between five and seven years, and bear interest at rates ranging from London Interbank Offered Rate (LIBOR) (or an applicable successor rate) plus 450 basis points to LIBOR plus 650 basis points per annum. Its investment capabilities include first lien debt, unitranche, second lien debt and equity co-investments. It invests in various industries, including manufacturing and distribution, business services and technology, and transportation and logistics. Its investment activities are managed by its investment adviser, Barings LLC.
BARINGS BDC, INC. 
