Midcap Financial (MFIC) receives AIF and AFT Funds' stockholders' approval for the proposed merger. The transaction is likely to be accretive to return on equity and net investment income per share....
NEW YORK, June 21, 2024 (GLOBE NEWSWIRE) -- Apollo Senior Floating Rate Fund Inc. (NYSE: AFT) and Apollo Tactical Income Fund Inc. (NYSE: AIF) (AFT and AIF, together, the “CEFs”) today announced t...
MidCap Financial Investment Corporation's stock classification was modified due to anticipated decline in short-term interest rates. The BDC's 100% floating-rate exposure has not yet resulted in softe...
We take a look at the action in business development companies through the last week of May and highlight some of the key themes we are watching. BDCs had a good week, outperforming the broader income...
Stockholders of AFT and AIF Who Have Voted Thus Far Have Strongly Supported the Merger Proposals Both Leading Independent Proxy Advisors, Institutional Shareholder Services (“ISS”) and Glass Lewis...
The ongoing merger of the Apollo Funds (AFT & AIF) grants MFIC the ability to repurpose $473M of funds into their main business of lending....
MidCap Financial Investment Corporation (NASDAQ:MFIC ) Q1 2024 Earnings Conference Call May 8, 2024 8:30 AM ET Company Participants Elizabeth Besen - Investor Relations Manager Tanner Powell - Chief E...
The headline numbers for MidCap Financial (MFIC) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street...
Results for the Quarter Ended March 31, 2024 and Other Recent Highlights: Net investment income per share for the quarter was $0.44, compared to $0.46 for the quarter ended December 31, 2023 Net ass...
MidCap Financial Investment Corporation is a business development company that invests in senior secured debt loans to middle market companies. MFIC is involved in a proposed merger with Apollo Senior...
NEW YORK, April 09, 2024 (GLOBE NEWSWIRE) -- MidCap Financial Investment Corporation (NASDAQ: MFIC) (the “Company”) announced today that it will report results for the quarter ended March 31, 2024...