secwatch.observer — SEC 8-K summary
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Issuer:     New Mountain Finance Corp (NMFC)
CIK:        0001496099
Form:       8-K
Filed at:   2022-10-28T23:59:59+00:00
Accession:  0001104659-22-112241
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NMFC prices $200M 7.50% convertible notes due 2025; prelim Q3 NAV $13.15-$13.25
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- $200M of 7.50% convertible notes due Oct 2025; conversion price $14.20 (14.7% premium over $12.38 close).
- Net proceeds to fund tender offer for existing 5.75% convertible notes due 2023, then repay other debt.
- Preliminary Q3 2022 NAV per share estimate: $13.15 - $13.25.
- Preliminary Q3 2022 net investment income per share estimate: $0.31 - $0.33.
- Closing expected Nov 2, 2022; Oppenheimer & Co. acting as placement agent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1496099/000110465922112241/0001104659-22-112241-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1496099/000110465922112241/tm2229083d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-112241

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer