MidCap Financial Refinances Term Loan Financing with STRATA Skin Sciences
STRATA Skin Sciences, a medical technology company, completed the refinancing of its existing debt agreement with a new facility from MidCap Financial.
STRATA Skin Sciences, a medical technology company, completed the refinancing of its existing debt agreement with a new facility from MidCap Financial.
Rubicon Technologies completed its final key strategic finance goal, receiving a $75 million term loan and revolving credit line of up to $90 million secured through Avenue Sustainable Solutions and MidCap Financial, respectively.
MidCap Financial provided a $44 million senior secured credit facility to AleraCare Intermediate, a provider of infusion and specialty pharmacy services.
MidCap Financial provided a $325 million senior revolving credit facility to Revlon Intermediate Holdings IV in connection with Revlon’s successful emergence from Chapter 11 bankruptcy.
MidCap Financial provided a $20 million senior revolving credit facility to ABD Group (Village Fertility Pharmacy or VFP). The MidCap credit facility includes an uncommitted option to increase the total facility size up to $35 million.
MidCap Financial provided a senior revolving credit facility to SCCI National Holdings (Shimmick). Proceeds from the MidCap credit facility will provide for the business’ ongoing working capital needs.
Yak Access, a provider of temporary access roads and related services, completed a major recapitalization earlier this month. Yak Access also entered into a new $75 million revolving credit facility led by MidCap Financial.
MidCap Financial completed an acquisition of a significant portion of Sector Financial’s managed healthcare asset-based lending portfolio, totaling more than $500 million in commitments and more than $300 million in funded assets.
Marco, a tech-enabled trade financing platform built for small and medium-sized businesses in Latin America and the United States, received a $200 million credit facility from middle-market lender MidCap Financial and global asset-based private credit specialist Castlelake.
MidCap Financial, a commercial finance company focused on middle market transactions, provided a $15 million senior revolving credit facility to Kewaunee Scientific Corporation.