Tag Archives: Midcap Financial Trust

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).

Apollo and MidCap Support Bird Rides’ Combination with Switchback II

Bird Rides completed its business combination with Switchback II Corporation. The combined company received $414 million in incremental liquidity, including availability under Bird’s credit facility with Apollo Investment and MidCap Financial Trust.

FocalPoint Advises ImageOne Interco on Refinancing of Senior Debt Facility

ImageOne Interco refinanced its existing senior debt facility through a revolving line of credit from a syndicate of lenders led by MidCap Financial and a term loan facility from Catalur Capital. FocalPoint Securities served as exclusive financial advisor on the transaction.

MidCap and Apollo Provide Up to $100MM Mezzanine Facility to LendingPoint

LendingPoint Consolidated, parent of the financial technology platform LendingPoint, closed an up to $110 million, five-year corporate mezzanine credit facility with new partners MidCap Financial Trust, managed by a subsidiary of Apollo Global Management, Inc. and Apollo Investment.