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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.


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