Core Points - MidCap Financial Investment Corporation has amended and extended its senior secured, multi-currency revolving credit facility, reducing lender commitments to $1.610 billion, a decrease of $50 million [1] - The final maturity date of the facility has been extended to October 1, 2030, and the applicable margin has been reduced by 10 basis points to 177.5 basis points [1] - The commitment fee has also been reduced from 37.5 basis points to 32.5 basis points, while other material business terms remain substantially the same [1] Company Overview - MidCap Financial Investment Corporation is a closed-end, externally managed, diversified management investment company that operates as a business development company under the Investment Company Act of 1940 [4] - The company is managed by an affiliate of Apollo Global Management, Inc., focusing on generating current income and long-term capital appreciation [4] - It primarily invests in first lien senior secured loans to privately held U.S. middle-market companies, defined as those with less than $75 million in EBITDA [4]
MidCap Financial Investment Corporation Amends and Extends Its Senior Secured Revolving Credit Facility