secwatch.observer — SEC 8-K summary
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Issuer:     MidCap Financial Investment Corp (MFIC)
CIK:        0001278752
Form:       8-K
Filed at:   2023-11-03T23:59:59+00:00
Accession:  0001193125-23-270276
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MidCap Financial closes $402M CLO debt securitization backed by middle-market loans
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- Issued $232M of Class A-1 notes (SOFR+2.40%) and $16M of Class A-2 notes (SOFR+2.90%), both due 2035.
- Issued $154.36M of Subordinated Notes (due 2135, zero coupon) retained 100% by Company subsidiary.
- Proceeds used to purchase a diversified portfolio of middle-market commercial loans from the Company.
- Company serves as collateral manager with a 0.0% per annum management fee on the CLO structure.
- Notes may be redeemed by issuer after October 23, 2025, subject to certain conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1278752/000119312523270276/0001193125-23-270276-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1278752/000119312523270276/d545995d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-270276

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