MidCap Financial Investment Corporation Prices Public Offering of $75.0 Million 8.00% Unsecured Notes Due 2028
NEW YORK, Dec. 06, 2023 (GLOBE NEWSWIRE) — MidCap Financial Investment Corporation (NASDAQ:MFIC) (the “Company”) today announced that it priced an underwritten public offering of $75.0 million in aggregate principal amount of 8.00% unsecured notes due 2028 (the “Notes”). The Notes will mature on December 15, 2028 and may be redeemed in whole or in part at any time or from time to time at the Company’s option on or after December 15, 2025. The Notes will bear interest at a rate of 8.00% per year payable March 15, June 15, September 15 and December 15 of each year, commencing March 15, 2024. The Company also granted the underwriters a 30-day option to purchase up to an additional $11.25 million in principal amount of the Notes.
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