secwatch.observer — SEC 8-K summary
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Issuer:     New Mountain Finance Corp (NMFC)
CIK:        0001496099
Form:       8-K
Filed at:   2026-03-13T23:59:59+00:00
Accession:  0001580642-26-001812
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1496099/000158064226001812/0001580642-26-001812-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1496099/000158064226001812/newmountainfinance_8k.htm
  HTML page:      https://secwatch.observer/filing/0001580642-26-001812

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer