---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-030668"
form_type: "8-K"
ticker: "NMFC"
cik: "0001496099"
company_name: "New Mountain Finance Corp"
filed_at: "2023-03-10T23:59:59+00:00"
generated_at: "2026-06-18T05:24:52.431731+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# NMFC prices $60M add-on convertible notes at 7.50%, total now $260M

## Summary
- Issued $60M aggregate principal amount of 7.50% convertible notes due 2025 at 100.5% of par.
- Conversion price of $14.18 per share represents a 12.5% premium over March 8 close of $12.60.
- Notes are fungible with existing $200M series; total outstanding now $260M.
- Net proceeds will be used to repay outstanding debt and for general corporate purposes.
- Closing expected March 14, 2023; Oppenheimer & Co. serving as placement agent.

## SEC filing metadata
- accession: 0001104659-23-030668
- form_type: 8-K
- ticker: NMFC
- cik: 0001496099
- company_name: New Mountain Finance Corp
- filed_at: 2023-03-10T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1496099/000110465923030668/0001104659-23-030668-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1496099/000110465923030668/tm239011d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-030668
- JSON: https://secwatch.observer/filing/0001104659-23-030668.json
- Plain text: https://secwatch.observer/filing/0001104659-23-030668.txt

## Key facts
- Material Agreements
  New Mountain Finance Corp entered into Purchase Agreements with the several purchasers, each of whom is an "accredited investor" or a "qualified institutional buyer" valued at an additional $60 million in aggregate principal amount (effective 2023-03-08).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: the several purchasers, each of whom is an "accredited investor" or a "qualified institutional buyer"
  - Value: an additional $60 million in aggregate principal amount
  - Effective: 2023-03-08
  source text: On March 8, 2023, New Mountain Finance Corporation (the “Company”) entered into private placement purchase agreements (the “Purchase Agreements”) with the several purchasers
  evidence_url: https://www.sec.gov/Archives/edgar/data/1496099/000110465923030668/0001104659-23-030668-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.