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Apollo mulls sale $3bn private credit BDC MFIC

privateequitywire

4 months ago

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Apollo Global Management is in discussions to potentially sell its listed private credit vehicle MidCap Financial Investment Corporation (MFIC), in a transaction that could value the business and its underlying assets at around $3bn, according to a report by the Wall Street Journal.
The reports sites in unnamed people familiar with the matter as highlighting that the talks remain ongoing and no agreement is guaranteed. Any transaction is expected to involve another business development company (...

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