Pershing Square Bids €30.40 Per Share to Acquire Universal Music Group in $9.4B Deal 
China Vanke Seeks Bond Extension Amid Mounting Debt Crisis 
Apple Turns 50: From Garage Startup to AI Crossroads 
TSMC Japan's Second Fab to Produce 3nm Chips by 2028 
Trump Administration Plans 100% Tariffs on Pharmaceutical Imports 
OpenAI Executive Shake-Up Ahead of Anticipated 2026 IPO 
Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman 
Private Credit Under Pressure: Is a Slow-Motion Crisis Unfolding? 
Fonterra Admits Anchor Butter "Grass-Fed" Label Misled Consumers After Greenpeace Lawsuit 
Samsung Electronics Posts Eightfold Profit Surge Driven by AI Chip Demand 
First Western Ship Transits Strait of Hormuz Since Iran War Began 
UPS and Teamsters Reach Agreement to Limit Driver Severance Program 
Ford Issues Major Recall on Over 422,000 Vehicles Due to Windshield Wiper Defect 
SpaceX Eyes Historic IPO at $1.75 Trillion Valuation 
Paramount Skydance Secures $24B from Gulf Sovereign Wealth Funds for Warner Bros. Discovery Takeover 
UAE's Largest Natural Gas Facility Suspended After Attack-Triggered Fire 
Tesla Q1 2026 Deliveries Miss Estimates as AI Strategy Takes Center Stage 
CHARLOTTE, N.C., Sept. 07, 2016 -- The Board of Trustees of Babson Capital Participation Investors (the “Trust”) today announced that the Trust will change its name to Barings Participation Investors effective on September 12, 2016. The name change is intended to clarify the Trust’s relationship to Babson Capital Management LLC (“Babson Capital”), its investment adviser, which concurrently is changing its name to Barings LLC. The name changes are being effected in connection with Babson Capital’s previously-announced combination with two of its subsidiaries, Cornerstone Real Estate Advisers LLC and Wood Creek Capital Management, LLC, and its sister company, Baring Asset Management Limited. This internal consolidation will not result in a change-of-control of Babson Capital under Rule 2a-6 of the Investment Company Act of 1940.
The investment objectives, management and all other aspects of the Trust will remain unchanged. The New York Stock Exchange ticker symbol for the Trust’s common shares (MPV) will remain the same.
Babson Capital Participation Investors is a closed-end management investment company advised by Babson Capital Management LLC, a member of the MassMutual Financial Group. Its shares are traded on the New York Stock Exchange under the trading symbol (“MPV”).
Cautionary Notice: Certain statements contained in this press release may be "forward looking" statements. Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date on which they are made and which reflect management’s current estimates, projections, expectations or beliefs, and which are subject to risks and uncertainties that may cause actual results to differ materially. These statements are subject to change at any time based upon economic, market or other conditions and may not be relied upon as investment advice or an indication of the fund's trading intent. References to specific securities are not recommendations of such securities, and may not be representative of the fund's current or future investments. We undertake no obligation to publicly update forward looking statements, whether as a result of new information, future events, or otherwise.
Contact: Brian Whelan, Babson Capital Management, 704.805.7244, [email protected]
