---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-078737"
form_type: "8-K"
ticker: null
cik: "0001976719"
company_name: "New Mountain Guardian IV Income Fund, L.L.C."
filed_at: "2023-07-06T23:59:59+00:00"
generated_at: "2026-06-13T12:19:01.035437+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# New Mountain Guardian IV BDC enters $15M revolving credit facility with BMO

## Summary
- Revolving credit line up to $15M, expandable to $125M at lender's discretion.
- Interest rate: greater of SOFR + 2.50% or prime rate minus 0.25% per annum.
- Facility secured by unfunded capital commitments; proceeds used to bridge capital calls.
- Loans due on demand with 15 business days notice, otherwise 6 months after advance.
- Covenants limit total indebtedness to 50% of remaining capital commitments.

## SEC filing metadata
- accession: 0001104659-23-078737
- form_type: 8-K
- cik: 0001976719
- company_name: New Mountain Guardian IV Income Fund, L.L.C.
- filed_at: 2023-07-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1976719/000110465923078737/0001104659-23-078737-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1976719/000110465923078737/tm2320591d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-078737
- JSON: https://secwatch.observer/filing/0001104659-23-078737.json
- Plain text: https://secwatch.observer/filing/0001104659-23-078737.txt

## Key facts
- Debt Financings
  New Mountain Guardian IV Income Fund, L.L.C. incurred revolving credit of up to $15,000,000 with BMO Harris Bank N.A. at the greater of (i) the SOFR Quoted Rate (as defined in the Loan Authorization Ag maturing due upon BMO's request within 15 business days.
  - Instrument: revolving credit
  - Principal: up to $15,000,000
  - Counterparty: BMO Harris Bank N.A.
  - Rate: the greater of (i) the SOFR Quoted Rate (as defined in the Loan Authorization Ag
  - Maturity: due upon BMO's request within 15 business days
  - Event: incurrence
  source text: On June 29, 2023 (the “Closing Date” ), New Mountain Guardian IV Unlevered BDC, L.L.C. (the “ Company ”) entered into a loan authorization agreement (the “ Loan Authorization Agreement ”) with BMO Harris Bank N.A. (" BMO "), which allows the Company to borrow on a revolving credit basis an aggregate principal amount up to $15,000,000 (the “ BMO Facility ”). All outstanding borrowings under the BMO Facility are due upon BMO's request within 15 business days. The BMO Facility is collateralized by the unfunded capital commitments of each of the Company’s investors. The BMO Facility bears interest at the greater of (i) the SOFR Quoted Rate (as defined in the Loan Authorization Agreement) for such day plus 2.50% or (ii) the prime commercial rate minus 0.25% per annum.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1976719/000110465923078737/0001104659-23-078737-index.htm

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