MidCap Financial Investment Corporation: Buy This 10% Yielder Before The Merger [Seeking Alpha]
Apollo Senior Floating Rate Fund Inc. (AFT)
US:NYSE Investor Relations:
agmfunds.com/investmentinformation/seniorfloatingratefund.aspx
Company Research
Source: Seeking Alpha
MFIC is involved in a proposed merger with Apollo Senior Floating Rate Fund and Apollo Tactical Income Fund, both managed by affiliates of Apollo Global Management. The merger will result in a combined company that will continue MFIC's core investment strategy and improve scale and access to capital. MidCap Financial Investment Corporation ( NASDAQ: MFIC ) is a business development company that invests in senior secured debt loans to middle market companies. The company also carries a high dividend yield of 10% and offers an 8% coupon baby bond ( MFICL ) that is currently trading over par. After covering the income opportunity of MidCap Financial back in February , a few readers suggested that I update my coverage to reflect the upcoming merger. After analyzing the proposed merger and what the proposed company would look like, I am still bullish on MidCap Financial's shares. Who is Involved in the MFIC Merger? Back in November, MidCap Financial announced that it would be merg
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High impacting Apollo Senior Floating Rate Fund Inc. news events
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AFT
News
- Apollo Senior Floating Rate Fund Inc. Declares May 2024 Monthly Distribution of $0.140 Per ShareGlobeNewswire
- Apollo Senior Floating Rate Fund Inc. Declares April 2024 Monthly Distribution of $0.140 Per ShareGlobeNewswire
- Apollo Senior Floating Rate Fund Inc. Declares March 2024 Monthly Distribution of $0.137 Per ShareGlobeNewswire
- CEF Weekly Review: CEF Reporting Has A Lot Of Room For Improvement [Seeking Alpha]Seeking Alpha
- AIF: The Opportunity Is Not As Good As It Was, But This Fund Still Makes Sense [Seeking Alpha]Seeking Alpha
AFT
Sec Filings
- 5/15/24 - Form 425
- 5/14/24 - Form 425
- 5/8/24 - Form DEFA14A
- AFT's page on the SEC website