debt
confidence high
sentiment neutral
materiality 0.55
New Mountain Finance amends SLP III credit facility: size to $600M, maturity to 2029
New Mountain Finance Corp
- Entered Amendment No. 7 to SLP III Credit Facility on July 3, 2024.
- Facility Amount increased from $525M to $600M.
- Reinvestment Period extended from July 8, 2024 to July 8, 2027.
- Final Maturity Date extended from January 8, 2026 to January 8, 2029.
- Company serves as collateral manager; borrowing entity is NMFC Senior Loan Program III LLC.