other
confidence high
sentiment neutral
materiality 0.20
New Mountain Finance Corp. amends credit facility to alter non-usage fee calculation
New Mountain Finance Corp
- Entered Ninth Amendment to Loan and Security Agreement on February 2, 2024.
- Amendment modifies calculation of the Non-Usage Fee Rate under the Holdings Credit Facility.
- Parties include NMFC as collateral manager, New Mountain Finance Holdings as borrower, Wells Fargo as agent.
- Full terms of the amendment will be disclosed in the 2023 Form 10-K.