Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
Innovent Biologics Shares Rally on New Eli Lilly Oncology and Immunology Deal 
DBS Expects Slight Dip in 2026 Net Profit After Q4 Earnings Miss on Lower Interest Margins 
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Samsung Electronics Shares Jump on HBM4 Mass Production Report 
Anta Sports Expands Global Footprint With Strategic Puma Stake 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
CHARLOTTE, N.C., Sept. 07, 2016 -- The Board of Trustees of Babson Capital Corporate Investors (the “Trust”) today announced that the Trust will change its name to Barings Corporate 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 (MCI) will remain the same.
Babson Capital Corporate 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 (“MCI”).
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]
