B2RLaw and Dechert have advised Barings BDC, Inc. on its merger with MVC Capital, Inc.
Financial details were not disclosed.
Barings BDC, Inc. is a publicly traded, externally managed investment company founded in 2006, which primarily makes debt investments in middle market companies.
MVC Capital is a business development company traded on the New York Stock Exchange that provides long-term debt and equity investment capital to fund growth, acquisitions, and recapitalizations of companies in a variety of industries.
The merger will be completed in the fourth quarter of 2020, and the new company will remain externally managed by Barings LLC.
B2RLaw’s team was headed by Partner Szymon Syp, with support from Partner George Havaris, Senior Associate Iga Wojtczak-Opala, Associate Joanna Markowicz, and Junior Associates Jakub Niemiec and Tomasz Michalczyk.
B2RLaw did not reply to our inquiries.
