MidCap Financial, Apollo Senior Floating Rate, Apollo Tactical set merger close for July 22, 2024

MidCap Financial Investment Corp

Merger of AFT and AIF into MFIC expected to close before Nasdaq open on July 22, 2024, subject to customary conditions.
Special cash payment of $0.25 per share to AFT and AIF stockholders payable on or around July 22, 2024.
Pre-merger distributions declared July 1: AFT $0.2463/sh, AIF $0.2862/sh, payable July 18, 2024.
Exchange ratios based on NAV per share of each CEF divided by MFIC NAV; final ratios to be announced later.
AFT and AIF shares expected to cease trading on NYSE after close on July 19, 2024; MFIC continues on Nasdaq.

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