BDCs Are Selling Investment-Grade Bonds Again After a Frozen Quarter
The big concern with business development companies (BDCs) in 2026 has been credit quality. Notably, several large private credit funds have limited withdrawals this year, including Blackstone‘s (BX -0.15%) Blackstone Private Credit fund, an industry giant. But concerns among investors may be waning, as evidenced by Barings BDC (BBDC -1.06%) issuing $350 million in debt….