MidCap Financial Completes $500 Million Senior Notes Offering

Paul, Weiss advised MidCap Financial, a middle-market-focused specialty finance firm that provides senior debt solutions to companies across all industries, in its offering of $500 million aggregate principal amount of 7.050% senior notes due 2029. Midcap Financial intends to use the net proceeds from the offering, to repay a portion of its existing secured indebtedness.

The Paul, Weiss team was led by corporate partners Brian Janson and Tony Rim; tax partner Brad Okun and counsel Samir Kurani; and executive compensation counsel Jake Glazeski.