MidCap Financial amended and extended its senior secured, multi-currency, revolving credit facility. Lender commitments under the facility total $1.660 billion, excluding non-extending lender commitments, an increase of $110 million. Lender commitments under the facility total $1.815 billion, including $155 million of commitments from non-extending lenders which are set to terminate on Dec. 22, 2024. The final maturity date under the facility for extending lenders was extended from April 19, 2028 to Oct. 17, 2029. The remaining material business terms of the Facility will remain substantially the same.
JPMorgan Chase Bank, Truist Securities, BMO Capital Markets and MUFG Bank are joint bookrunners and joint lead arrangers on the facility. JPMorgan Chase Bank is the administrative agent on the facility.
