MidCap Financial Investment Corporation Schedules Earnings Release and Conference Call for Quarter Ended June 30, 2024
17 July 2024 - 6:05AM
MidCap Financial Investment Corporation (NASDAQ: MFIC) (the
“Company”) announced today that it will report results for the
quarter ended June 30, 2024, after the closing of the Nasdaq Global
Select Market on Wednesday, August 7, 2024.
The Company will host a conference call on
Thursday, August 8, 2024, at 8:30 a.m. Eastern Time. All interested
parties are welcome to participate in the conference call by
dialing (800) 343-5172 approximately 5-10 minutes prior to the
call; international callers should dial (203) 518-9856.
Participants should reference either MidCap Financial Investment
Corporation Earnings or Conference ID: MFIC0808 when prompted. A
simultaneous webcast of the conference call will be available to
the public on a listen-only basis and can be accessed through the
Events Calendar in the Shareholders section of our website at
www.midcapfinancialic.com. Following the call, you may access a
replay of the event either telephonically or via audio webcast. The
telephonic replay will be available approximately two hours after
the live call and through August 29, 2024, by dialing (800)
839-9307; international callers should dial (402) 220-6085. A
replay of the audio webcast will also be available later that same
day. To access the audio webcast please visit the Events Calendar
in the Shareholders section of our website at
www.midcapfinancialic.com.
About MidCap Financial Investment
Corporation
MidCap Financial Investment Corporation (NASDAQ:
MFIC) is a closed-end, externally managed, diversified management
investment company that has elected to be treated as a business
development company (“BDC”) under the Investment Company Act of
1940 (the “1940 Act”). For tax purposes, the Company has elected to
be treated as a regulated investment company (“RIC”) under
Subchapter M of the Internal Revenue Code of 1986, as amended (the
“Code”). The Company is externally managed by Apollo Investment
Management, L.P., an affiliate of Apollo Global Management, Inc.
and its consolidated subsidiaries, a high-growth global alternative
asset manager. The Company’s investment objective is to generate
current income and, to a lesser extent, long-term capital
appreciation. The Company primarily invests in directly originated
and privately negotiated first lien senior secured loans to
privately held U.S. middle-market companies, which the Company
generally defines as companies with less than $75 million in
EBITDA, as may be adjusted for market disruptions, mergers and
acquisitions-related charges and synergies, and other items. To a
lesser extent, the Company may invest in other types of securities
including, first lien unitranche, second lien senior secured,
unsecured, subordinated, and mezzanine loans, and equities in both
private and public middle market companies. For more information,
please visit www.midcapfinancialic.com.
Forward-Looking Statements
This press release contains forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements involve risks and
uncertainties, including, but not limited to, statements as to our
future operating results; our business prospects and the prospects
of our portfolio companies; the impact of investments that we
expect to make; our contractual arrangements and relationships with
third parties; the dependence of our future success on the general
economy and its impact on the industries in which we invest; the
ability of our portfolio companies to achieve their objectives; our
expected financings and investments; the adequacy of our cash
resources and working capital; and the timing of cash flows, if
any, from the operations of our portfolio companies.
We may use words such as “anticipates,”
“believes,” “expects,” “intends,” “will,” “should,” “may” and
similar expressions to identify forward-looking statements. Such
statements are based on currently available operating, financial
and competitive information and are subject to various risks and
uncertainties that could cause actual results to differ materially
from our historical experience and our present expectations.
Statements regarding the following subjects, among others, may be
forward-looking: the return on equity; the yield on investments;
the ability to borrow to finance assets; new strategic initiatives;
the ability to reposition the investment portfolio; the market
outlook; future investment activity; and risks associated with
investing in real estate assets, including changes in business
conditions and the general economy. Undue reliance should not be
placed on such forward-looking statements as such statements speak
only as of the date on which they are made. We do not undertake to
update our forward-looking statements unless required by law.
Contact
Elizabeth BesenInvestor Relations ManagerMidCap
Financial Investment Corporation(212) 822-0625ebesen@apollo.com
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