Barings deal closes, Triangle Capital Corporation loses its name, ticker


The second of a pair of transactions announced in April has closed – a move that changes Triangle Capital Corporation’s name, along with the ticker symbol it’s had since becoming a public company in 2007.

The Raleigh investment firm is now known as Barings BDC, trading on the New York Stock Exchange under the BBDC ticker.

And it’s now an externally managed investment company under the purview of Charlotte-based Barings LLC, a global asset manager with more than $306 million in assets…

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