Here’s the name Barings picked for Raleigh’s Triangle Capital Corporation


Once Raleigh-based Triangle Capital Corporation’s transactions close, it will operate under the Barings BDC Inc. name, according to a securities disclosure filed late Wednesday.

The new Barings BDC, Inc. will also trade under a different ticker symbol on the New York Stock Exchange: BBDC. TCAP has been its ticker since becoming a public company in 2007.

On April 4, TCAP announced announced the deal with Barings, which involves a total financial commitment of $235 million. Barings will become…

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