---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-305166"
form_type: "8-K"
ticker: "MFIN"
cik: "0001000209"
company_name: "MEDALLION FINANCIAL CORP"
filed_at: "2023-12-28T23:59:59+00:00"
generated_at: "2026-06-07T06:12:32.435849+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Medallion Financial issues $12.5M of 9.00% Senior Notes due 2033

## Summary
- $12.5M aggregate principal, 9.00% fixed rate, maturity Dec 30, 2033.
- Interest payable semi-annually on June 30 and Dec 30, starting June 30, 2024.
- Notes are unsecured, unsubordinated, rank pari passu with existing unsecured debt.
- Proceeds from the private placement will be used for general corporate purposes.

## SEC filing metadata
- accession: 0001193125-23-305166
- form_type: 8-K
- ticker: MFIN
- cik: 0001000209
- company_name: MEDALLION FINANCIAL CORP
- filed_at: 2023-12-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1000209/000119312523305166/0001193125-23-305166-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1000209/000119312523305166/d204349d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-305166
- JSON: https://secwatch.observer/filing/0001193125-23-305166.json
- Plain text: https://secwatch.observer/filing/0001193125-23-305166.txt

## Key facts
- Debt Financings
  MEDALLION FINANCIAL CORP incurred senior notes of $12.5 million with a certain institutional investor at 9.00% per year maturing December 30, 2033.
  - Instrument: senior notes
  - Principal: $12.5 million
  - Counterparty: a certain institutional investor
  - Rate: 9.00% per year
  - Maturity: December 30, 2033
  - Event: incurrence
  source text: On December 21, 2023, Medallion Financial Corp., a Delaware corporation (the “Company”), entered into a Note Purchase Agreement (the “Note Purchase Agreement”) with a certain institutional investor relating to the private placement of the Company’s $12.5 million aggregate principal amount of 9.00% Senior Notes due 2033 (the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1000209/000119312523305166/0001193125-23-305166-index.htm
- Material Agreements
  MEDALLION FINANCIAL CORP entered into Note Purchase Agreement with a certain institutional investor valued at $12.5 million aggregate principal amount of 9.00% Senior Notes due 2033 (effective 2023-12-21).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: a certain institutional investor
  - Value: $12.5 million aggregate principal amount of 9.00% Senior Notes due 2033
  - Effective: 2023-12-21
  source text: On December 21, 2023, Medallion Financial Corp., a Delaware corporation (the “Company”), entered into a Note Purchase Agreement (the “Note Purchase Agreement”) with a certain institutional investor relating to the private placement of the Company’s $12.5 million aggregate principal amount of 9.00% Senior Notes due 2033 (the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1000209/000119312523305166/0001193125-23-305166-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.