KBRA Assigns Rating to Bain Capital Private Credit's $350 Million Senior Unsecured Notes due 2031
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a rating of BBB to Bain Capital Private Credit's ("BCPC" or "the company") $350 million, 7.60% senior unsecured notes due 2031. The rating Outlook is Stable. The proceeds will be used for general corporate purposes and to repay secured debt. Key Credit Considerations The rating and Stable Outlook are supported by BCPC’s ties to the $68 billion Bain Capital Credit ("BCC") credit platform, including $21 billion dedicated to private credit, along with SEC ex