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MidCap Financial Provides $15MM Credit Facility to NMFG

Date: Nov 08, 2016 @ 07:38 AM
Filed Under: Retail

MidCap Financial has closed a $15 million senior credit facility to support the growth of Natural Markets Food Group ("NMFG" or the "Company"), a leading regional natural and organic grocery retailer.  The MidCap credit facility provided NMFG with the ability to fund its working capital needs and facilitate its continued growth.

MidCap Financial is managed by Apollo Capital Management, L.P., a subsidiary of Apollo Global Management, pursuant to an investment management agreement between Apollo Capital Management, L.P. and MidCap FinCo Limited. Apollo Global Management is one of the world's leading alternative investment managers with approximately $173 billion of assets under management (as of March 31, 2016), providing market leading industry expertise, market reach and financing synergies.

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