---
schema_version: "secwatch.filing_event.v1"
accession: "0001580642-26-001812"
form_type: "8-K"
ticker: "NMFC"
cik: "0001496099"
company_name: "New Mountain Finance Corp"
filed_at: "2026-03-13T23:59:59+00:00"
generated_at: "2026-05-15T12:31:10.229713+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NMFC completes $468M asset sale at 94% of fair value; extends credit facility to 2031 with lower spread

## Summary
- Sold $468M of investments at 94% of Dec 31, 2025 fair value to Eagle Credit entities, covering 15 portfolio companies.
- Amended Loan and Security Agreement: revolving period extended to March 2029, maturity to March 2031, spread reduced to 1.85% from 1.95%.
- Pro forma investments at fair value fall to $2.27B from $2.74B; net assets decrease $35M to $1.15B.
- Cash increases $60M to $141M; total borrowings reduced by $372M to $1.30B after sale proceeds.

## SEC filing metadata
- accession: 0001580642-26-001812
- form_type: 8-K
- ticker: NMFC
- cik: 0001496099
- company_name: New Mountain Finance Corp
- filed_at: 2026-03-13T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1496099/000158064226001812/0001580642-26-001812-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1496099/000158064226001812/newmountainfinance_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001580642-26-001812
- JSON: https://secwatch.observer/filing/0001580642-26-001812.json
- Plain text: https://secwatch.observer/filing/0001580642-26-001812.txt

## Source-grounded claims
- claim_id: 11499c8118d1903f9600d167b49dbd427754240d
  claim: New Mountain Finance Corp completed a disposition involving Eagle Credit CV, L.P., Eagle Credit Holdings SPV, L.P. and Eagle Credit Sub Blocker L.P. for approximately $468.0 million, as adjusted for partial paydowns post February 21, 2026, at 94% of the fair value of such assets as of December 31, 2025 (closed 2026-03-10).
  evidence_excerpt: On March 10, 2026, the Company completed its previously announced sale of approximately $468.0 million, as adjusted for partial paydowns post February 21, 2026, of assets held by the Company and its wholly-owned subsidiary, New Mountain Finance Holdings, L.L.C., at 94% of the fair value of such assets as of December 31, 2025 (the “Asset Sale”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1496099/000158064226001812/0001580642-26-001812-index.htm
- claim_id: 21eaa0f130484cab17d1e8309512b26a5dcf55e6
  claim: New Mountain Finance Corp amended Fifteenth Amendment and Waiver to Loan and Security Agreement with Wells Fargo Bank, National Association (effective 2026-03-12).
  evidence_excerpt: On March 12, 2026, New Mountain Finance Corporation (the “Company”) entered into the Fifteenth Amendment and Waiver to Loan and Security Agreement (the “Fifteenth Amendment”), which amended the Third Amended and Restated Loan and Security Agreement, dated as of October 24, 2017 (together with the exhibits and schedules thereto, the “Loan and Security Agreement”), by and among New Mountain Finance Holdings, L.L.C., as borrower, the Company, as collateral manager, Wells Fargo Bank, National Association (“Wells Fargo”), as administrative agent, and a lender, the lenders party thereto from time to time, and Wells Fargo, as collateral custodian.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1496099/000158064226001812/0001580642-26-001812-index.htm

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