secwatch.observer — SEC 8-K summary
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Issuer:     New Mountain Finance Corp (NMFC)
CIK:        0001496099
Form:       8-K
Filed at:   2023-03-10T23:59:59+00:00
Accession:  0001104659-23-030668
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1496099/000110465923030668/0001104659-23-030668-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1496099/000110465923030668/tm239011d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-030668

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