MidCap Financial Secures Debt Financing

PE-backed MidCap Financial has secured a credit facility from Solar Capital (NASDAQ: SLRC), which will used be for general corporate purposes. The facility is structured to increase in size as MidCap's capital needs grow. MidCap provides debt solutions to middle-market healthcare companies and has been a portfolio company of Genstar Capital, Lee Equity Partners and Moelis Capital Partners since a $500 million growth investment in November 2008.