MidCap Financial Investment Corporation amended and extended its senior secured, multi-currency, revolving credit facility. Lender commitments under the Facility total $1.610 billion, a decrease of $50 million. The final maturity date under the Facility was extended from October 17, 2029, to October 1, 2030. The applicable margin under the Facility was reduced by 10 basis points to 177.5 basis points. The commitment fee was reduced by 5 basis points from 37.5 basis points to 32.5 basis points. The remaining material business terms of the Facility will remain substantially the same.
JPMorgan Chase Bank, Truist Securities, and BMO Capital Markets are Joint Bookrunners and Joint Lead Arrangers on the Facility. JPMorgan Chase Bank is the Administrative Agent on the Facility.