MidCap Financial Q1 NII $0.45/shr, NAV $15.18, dividend $0.38; facility extended to 2028

MidCap Financial Investment Corp

NII per share $0.45 vs $0.43 prior quarter; NAV $15.18 up 0.5% from $15.10.
New investment commitments $110M; net fundings $44M; Merx repaid $65M (now 8.3% of portfolio).
Declared $0.38/shr dividend payable June 29 to record June 13.
Credit facility amended: maturity extended to Apr 2028, benchmark switched to SOFR, spread 1.975%.
Weighted average yield on total debt portfolio 11.4% (up from 10.9% Dec 2022); 100% floating rate.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

MidCap Financial Investment Corp reported financial results for the quarter ended December 31, 2022.

Period: the quarter ended December 31, 2022
Result: reported results

Exact text from the filing

On May 2, 2023, MidCap Financial Investment Corporation (the “Registrant”) issued a press release announcing its financial results for the quarter ended March 31, 2023.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

MidCap Financial Investment Corp reported the quarter ended March 31, 2023 results: net income $0.45 per share, EPS $0.46 per share — basic.

Period: the quarter ended March 31, 2023
Net income: $0.45 per share
EPS: $0.46 per share — basic
Result: reported results

Exact text from the filing

MidCap Financial Investment Corporation Reports Financial Results for the Quarter Ended March 31, 2023

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51 earnings releases filed in the last 30 days. Browse all earnings releases →

MidCap Financial Investment Corp filing history →

Source: SEC EDGAR

accession 0001193125-23-132437

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