MFICL: MidCap Financial Investment Corporation 8.00 Notes due 2028 8% Baby Bond
MidCap Financial Investment Corporation 8.00 Notes due 2028's MFICL is an exchange-traded baby bond.
At a recent price of $25.40, MFICL yields 7.87% on its $25 liquidation preference and 8% coupon.
It trades at a premium of 1.6% to par.
The issue is callable on or after 2025-12-15.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.