Bird Global Archives

MidCap Financial to Provide $25MM in DIP Financing to Bird Global

Electric vehicle company Bird Global entered into a financial restructuring process. Bird’s first and second lien lenders also entered into a restructuring support agreement with the company, with MidCap Financial providing $25 million in new debtor-in-possession financing.

December 20, 2023 Apollo Global Management | Bird Global | Michael Washinushi | MidCap Financial Ian Koplin

Apollo Capital Management Amends $150MM Vehicle Financing Credit Facility with Bird Global

Bird Global, a provider of eco-friendly electric transportation, and its subsidiary, Bird Rides, amended its existing $150 million vehicle financing credit facility with MidCap Financial Investment and MidCap Financial Trust (each managed or advised by Apollo Capital Management).

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Tag Archives: Bird Global

MidCap Financial to Provide $25MM in DIP Financing to Bird Global

Apollo Capital Management Amends $150MM Vehicle Financing Credit Facility with Bird Global