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Stock impact report

AFC Commits $29 Million to a Senior Term Loan for a Sponsor Acquisition

AFC Gamma, Inc. (AFCG) 
Company Research Source: GlobeNewswire
WEST PALM BEACH, Fla., Feb. 10, 2026 (GLOBE NEWSWIRE) -- AFC today announced that it has committed $29 million to a $60 million senior secured term loan.  The proceeds from the credit facility, including $19.6 million funded by AFC at close, will be used to finance the acquisition of a leading healthcare benefits platform (the “Platform”). “We are excited to support a top-tier sponsor and management team in this transaction. The Platform has developed a comprehensive benefits program tailored toward a large and underserved segment of the workforce,” said Daniel Neville, Chief Executive Officer of AFC. “This transaction underscores our ability to provide flexible, institutional capital to sponsors following our conversion to a BDC earlier this year.” The credit facility is secured by a lien on all assets of the borrower and has a four-year term. AFC holds approximately 49% of the total facility. About AFC AFC (Nasdaq: AFCG) is a publicly traded business development company that p Show less Read more
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