MidCap Financial Provides a $70 Million Senior Secured Revolving Credit Facility to a Luxury Accessories Retailer and Digital Platform

BETHESDA, MD, June 23, 2022 – MidCap Financial today announced it has provided a $70 million senior secured revolving credit facility to a luxury accessories retailer and digital platform. The MidCap credit facility refinanced the Company’s prior credit facility and will support the Company’s continued growth and working capital needs. Cafferty & Company served as independent advisor to the borrower on the transaction.

About MidCap Financial             

MidCap Financial is a middle-market focused, specialty finance firm that provides senior debt solutions to companies across all industries. As of December 2021, MidCap Financial provides administrative or other services for over $39.6 billion of commitments.   MidCap Financial is managed by Apollo Capital Management, L.P., a subsidiary of Apollo Global Management, Inc, pursuant to an investment management agreement. Apollo had assets under management of approximately $497.6 billion as of December 31, 2021 in credit, private equity and real assets funds. For more information about MidCap Financial, please visit http://www.midcapfinancial.com. For more information about Apollo, please visit http://www.apollo.com.

Contact:                           

MidCap Financial Services, LLC
Garrett Fletcher, Product Head – ABL
301-841-6439
gfletcher@midcapfinancial.com