The new 8% baby bond issue from BDC Midcap Financial (MFICL) (the old Apollo Investment) is now trading on Fido and I picked some up at $25.14.
Not seeing it trade on eTrade yet.
Thanks to NWGG and RandyK for updating folks in the comments.
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7/26/2024
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I mssed when FGN started trading on exchanges. It’s rollout was very strange, then when the bid ask went live at 25.18 Monday I must have been distracted. It’s over 26.10 today.
A IG credit at 7.95% with a 4 bill market cap? Possibly 27 shortly
Yeah, not even recognized on eTrade yet…