FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / News / Read News

Print

MidCap Financial Closes $33MM Senior Revolving Credit Facility for Skilled Nursing Facilities Operator

August 17, 2023, 07:50 AM
Filed Under: Nursing Facilities

MidCap Financial provided a $33 million senior credit facility to a skilled nursing facilities operator. Proceeds from the MidCap credit facility will be used to support working capital requirements.

MidCap Financial is a middle-market focused, specialty finance firm that provides senior debt solutions to companies across all industries. As of June 30, 2023, MidCap Financial provides administrative or other services for over $48 billion of commitments. MidCap Financial is managed by Apollo Capital Management, a subsidiary of Apollo Global Management, pursuant to an investment management agreement. Apollo had assets under management of approximately $617 billion as of June 30, 2023, in credit, private equity and real assets funds.

 







Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.