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Midcap Financial Investment Prices Baby Bonds

BDC Midcap Financial Investment (MFIC) (formerly Apollo Investment) has priced their new baby bond issue. The issue prices at 8% for 3 million shares plus an over allotment of 450,000 shares (bonds).

Kroll rates the issue BBB-

Look for this issue to trade on the NASDAQ in the next week or so.

The pricing term sheet can be found here.

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