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MidCap Financial Investment Corporation - $MFIC STOCK NEWS

Welcome to our dedicated page for MidCap Financial Investment Corporation news (Ticker: $MFIC), a resource for investors and traders seeking the latest updates and insights on MidCap Financial Investment Corporation stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect MidCap Financial Investment Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of MidCap Financial Investment Corporation's position in the market.

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MidCap Financial Investment (MFIC) reported financial results for the quarter ended March 31, 2024. Net investment income per share was $0.44, compared to $0.46 in the previous quarter. Net asset value per share was $15.42 at the end of the quarter. New investment commitments totaled $149 million. The company declared a dividend of $0.38 per share. Filed a joint proxy statement for proposed mergers with Apollo funds. CEO highlighted stable credit performance and de-risking. Conference call scheduled for May 8, 2024.

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MidCap Financial Investment (MFIC) will report Q1 2024 results on May 7, 2024, with a conference call on May 8, 2024. Interested parties can participate via phone or webcast.
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MidCap Financial Investment (MFIC) along with Apollo Senior Floating Rate Fund Inc. (AFT) and Apollo Tactical Income Fund Inc. (AIF) have set record dates and scheduled special meetings for stockholders to vote on proposed mergers. The mergers involve AFT and AIF merging with and into MFIC, with MFIC being the surviving entity. The Mergers are expected to be accretive to net investment income per share for all stockholders and will result in operational synergies. Stockholders of the CEFs will receive newly issued shares of MFIC common stock based on exchange ratios. In addition, cash payments and dividends are planned for AFT and AIF stockholders. The Mergers are intended to be tax-free reorganizations, subject to stockholder approvals and other closing conditions.
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MidCap Financial Investment Corporation (MFIC) announced strong financial results for the quarter and fiscal year ended December 31, 2023, with net investment income per share of $0.46 and net asset value per share of $15.41. The company made new investment commitments of $175 million, completed a $402 million CLO transaction, and issued $80 million of unsecured notes due 2028. Additionally, MFIC filed for a merger with Apollo Senior Floating Rate Fund Inc. and Apollo Tactical Income Fund Inc.
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MidCap Financial Investment Corporation (NASDAQ: MFIC) will report results for the quarter and fiscal year ended December 31, 2023, after market close on Monday, February 26, 2024. A conference call will be hosted on Tuesday, February 27, 2024, at 8:30 a.m. Eastern Time, with a simultaneous webcast available to the public. Interested parties can access the call and webcast through the Events Calendar in the Shareholders section of the company's website at www.midcapfinancialic.com.
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MidCap Financial Investment Corporation (MFIC) announced a $75.0 million public offering of 8.00% unsecured notes due 2028. The Notes will bear interest at a rate of 8.00% per year and are expected to be listed on The Nasdaq Global Select Market under the trading symbol 'MFICL'. The Company intends to use the net proceeds to repay outstanding indebtedness and for general corporate purposes.
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MFIC: Net investment income per share for the quarter was $0.43, compared to $0.44 for the quarter ended June 30, 2023. Net asset value per share as of the end of the quarter was $15.28, compared to $15.20 as of June 30, 2023, an increase of $0.08 per share. The company declared a dividend of $0.38 per share for the quarter ending September 30, 2023. MFIC completed its inaugural Collateralized Loan Obligation transaction, a $402 million CLO secured by middle market loans. The company also announced merger agreements with Apollo Senior Floating Ratio Fund Inc. and Apollo Tactical Fund Inc.
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MFIC, AFT, AIF Announce Merger, Creating Larger BDC Focused on Middle Market Direct Lending, Expected to Have Approximately $3.4 Billion of Total Investments and $1.4 Billion of Net Assets
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MidCap Financial Investment Corporation to report Q3 2023 results and host conference call
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MidCap Financial Investment Corporation (NASDAQ: MFIC) announced financial results for the quarter ended June 30, 2023. Net investment income per share was $0.44, compared to $0.45 for the previous quarter. Net asset value per share was $15.20, compared to $15.18 as of March 31, 2023. New investment commitments totaled $79 million, and repurchased 198,084 shares of common stock at a cost of $2.3 million. The Company declared a dividend of $0.38 per share for the quarter.
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MidCap Financial Investment Corporation

Nasdaq:MFIC

MFIC Rankings

MFIC Stock Data

1.00B
65.25M
1.15%
29.4%
3.06%
Securities and Commodity Exchanges
Finance and Insurance
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United States of America
NEW YORK