secwatch / observer
8-K filed October 28, 2022, 7:59 PM ET ticker NMFC CIK 0001496099
debt confidence high sentiment neutral materiality 0.60

NMFC prices $200M 7.50% convertible notes due 2025; prelim Q3 NAV $13.15-$13.25

New Mountain Finance Corp

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

New Mountain Finance Corp reported third fiscal quarter ended September 30, 2022 results: EPS $0.31 to $0.33 per share.

Period
third fiscal quarter ended September 30, 2022
EPS
$0.31 to $0.33 per share
Result
preliminary results
Exact text from the filing
the Company announced preliminary estimates of certain financial results for its third fiscal quarter ended September 30, 2022. As of October 27, 2022, the Company estimates that its net asset value per share as of September 30, 2022 was between $13.15 per share and $13.25 per share. The preliminary estimate of the Company’s net investment income for the same period is in the range of $0.31 to $0.33 per share.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

New Mountain Finance Corp entered into Purchase Agreement for 7.50% Convertible Notes due 2025 with the several purchasers valued at $200,000,000 aggregate principal amount of 7.50% convertible notes due 2025 (effective 2022-10-27).

Action
entry
Agreement
notes offering
Counterparty
the several purchasers
Value
$200,000,000 aggregate principal amount of 7.50% convertible notes due 2025
Effective
2022-10-27
Exact text from the filing
On October 27, 2022, New Mountain Finance Corporation (the “ Company ” ) entered into a private placement purchase agreement (the “Purchase Agreement”) with the several purchasers, each of whom is an “accredited investor” as defined in Rule 501(a) of Regulation D under the Securities Act of 1933, as amended (the “Securities Act”), or a “qualified institutional buyer” within the meaning of Rule 144A promulgated under the Securities Act (the “Purchasers”), for the sale of $200,000,000 in aggregate principal amount of the Company’s 7.50% convertible notes due 2025 (the “Notes”).
View on SEC.gov

Browse all earnings releases →

New Mountain Finance Corp filing history →

Source: SEC EDGAR
accession 0001104659-22-112241
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.