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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.

One thought on “Midcap Financial Investment Prices Baby Bonds”

  1. How does one use Schwab to buy this bond? It looks like there are two cusip numbers.

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