Barings Private Credit Corp

Item 3.02. Unregistered Sales of Equity Securities. As of September 1, 2026, Barings Private Credit Corporation (the “Company”) sold 1,104,539.715 unregistered shares (the “Sold Shares”) of the Company’s common stock, par value $0.001 per share (the “Common Stock”), (with the number of Sold Shares issued being determined on September 21, 2026) pursuant to subscription agreements entered into with the participating investors for aggregate consideration of approximately $22.0 million. The offer and sale of the Sold Shares were exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), pursuant to Section 4(a)(2) thereof and Regulation D thereunder and/or Regulation S under the Securities Act (the “Private Offering”). The per share price at which the Company issued the Sold Shares was determined in accordance with Section 23 of the Investment Company Act of 1940, as amended.

Item 7.01. Regulation FD Disclosure. October 2026 Distribution On September 16, 2026, the Board of Directors declared a regular monthly distribution for October 2026 in the gross amount of $0.167 per share, payable on October 28, 2026 to stockholders of record on October 26, 2026.

Item 8.01. Other Events. Net Asset Value The net asset value per share of the Common Stock as of August 31, 2026 is $19.92. Status of Offering The Company is currently conducting the Private Offering on a continuous basis for up to $4.5 billion in shares of Common Stock. As of the date hereof, the Company has issued an aggregate of 146,308,426.34 shares of Common Stock in the Private Offering for total consideration of $3,014.5 million. These figures do not include any shares of Common Stock issued in connection with the Company’s dividend reinvestment plan. The Company intends to continue selling shares of Common Stock in the Private Offering on a monthly basis.