New Mountain Guardian IV Income Fund, L.L.C.: debt financing — New Mountain Guardian IV Income Fund ups credit facility from $15M to $35M

New Mountain Guardian IV Income Fund, L.L.C.

Credit facility maximum increased to $35,000,000 from $15,000,000 under Loan Agreement with BMO Bank.
Lender may, at its sole discretion, further increase the line to up to $125,000,000.
Fund paid a $40,000 increase fee; all other Loan Agreement terms remain in effect.
Security Agreement liens and obligations are reaffirmed and continue to secure the facility.

item 1.01 item 2.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

New Mountain Guardian IV Income Fund, L.L.C. amended credit facility of $35,000,000 with BMO Bank N.A..

Instrument: credit facility
Principal: $35,000,000
Counterparty: BMO Bank N.A.
Event: amendment

Exact text from the filing

On October 5, 2023, New Mountain Guardian IV Income Fund, L.L.C. (the “ Company ”) entered into an amendment (the “Amendment” ) to the Loan Authorization Agreement by and among the Company and BMO Bank N.A. (formerly known as BMO Harris Bank N.A.), dated June 29, 2023 (as amended from time to time, the “Loan Agreement” ). Pursuant to the Amendment, among other things, the Amount of Maximum Credit (as defined therein) available under the Loan Agreement was increased to a maximum of $35,000,000, instead of a maximum of $15,000,000 in effect prior to the Amendment.

View on SEC.gov

Browse all debt financings →

Source: SEC EDGAR

accession 0001104659-23-108290

view filing index on sec.gov

view primary document

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.