earnings
confidence high
sentiment positive
materiality 0.65
Apollo Investment Q1 NII per share flat at $0.39; NAV per share up 0.9% to $16.02
MidCap Financial Investment Corp
- Net investment income per share $0.39, flat vs prior quarter; net asset value per share $16.02, up 0.9% from $15.88.
- Declared distribution of $0.31 per share and supplemental distribution of $0.05 per share, payable Oct 8 to holders of record Sept 21.
- KBRA affirmed BBB- issuer and senior unsecured debt rating; revised outlook to Stable from Negative in July.
- Issued $125M of 4.500% unsecured notes due 2026 in July; net leverage 1.39x vs 1.36x prior quarter.
- Repurchased 145,572 shares at $13.92 avg price; total cost $2.0M in quarter; additional $0.6M in July through Aug 4.