Bethesda, MD – May 14, 2024 – MidCap Financial, a middle-market focused, specialty finance firm, and Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced that they have provided a $140 million senior secured revolving credit facility to a global manufacturer, distributor, and marketer of houseware products. The facility was used to refinance existing indebtedness and will provide ongoing working capital to support the company’s future growth objectives.

About Great Rock Capital

Great Rock Capital is an asset-focused commercial finance company that specializes in serving the needs of middle market companies across the United States and Canada.  The Company provides fast, flexible, and creative financing solutions that maximize liquidity and provide growth capital. The senior secured credit facilities offered by the firm range in size from $15MM to $100MM and include working capital, term-heavy, and term-only loan structures not provided by traditional commercial lenders.  The firm has significant capital commitments from its partners, a private equity business and a large institutional investor. To learn more, visit www.greatrockcapital.com.

‍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 March 31, 2024, MidCap Financial provides administrative or other services for approximately $50 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 $671 billion as of March 31, 2024, 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.

*Including commitments managed by MidCap Financial Services Capital Management LLC, a registered investment adviser, as reported under Item 5.F on Part 1 of its Form ADV