secwatch / observer
8-K filed November 7, 2023, 6:59 PM ET ticker NMFC CIK 0001496099
debt confidence high sentiment neutral materiality 0.50

New Mountain Finance Corp (NMFC): debt financing — New Mountain Finance issues $115M of 8.250% Notes due 2028

New Mountain Finance Corp

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 Finance Corp incurred senior notes of $115.0 million with Wells Fargo Securities, LLC, BofA Securities, Inc., Morgan Stanley & Co. LLC, and UBS Securities LLC at 8.250% maturing 2028.

Instrument
senior notes
Principal
$115.0 million
Counterparty
Wells Fargo Securities, LLC, BofA Securities, Inc., Morgan Stanley & Co. LLC, and UBS Securities LLC
Rate
8.250%
Maturity
2028
Event
incurrence
Exact text from the filing
in connection with the issuance and sale of $115.0 million aggregate principal amount of the Company’s 8.250% Notes due 2028
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.99

New Mountain Finance Corp entered into Underwriting Agreement with Wells Fargo Securities, LLC, BofA Securities, Inc., Morgan Stanley & Co. LLC, and UBS Securities LLC valued at $115.0 million aggregate principal amount of 8.250% Notes due 2028 (effective 2023-11-06).

Action
entry
Agreement
underwriting
Counterparty
Wells Fargo Securities, LLC, BofA Securities, Inc., Morgan Stanley & Co. LLC, and UBS Securities LLC
Value
$115.0 million aggregate principal amount of 8.250% Notes due 2028
Effective
2023-11-06
Exact text from the filing
On November 6, 2023, New Mountain Finance Corporation (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) by and among the Company, New Mountain Finance Advisers BDC, L.L.C. (the “Adviser”), and New Mountain Finance Administration, L.L.C. (the “Administrator”), on the one hand, and Wells Fargo Securities, LLC, BofA Securities, Inc., Morgan Stanley & Co. LLC, and UBS Securities LLC, as representatives of the several underwriters named in Schedule I thereto, in connection with the issuance and sale of $115.0 million aggregate principal amount of the Company’s 8.250% Notes due 2028 (the “Notes” and the issuance and sale of the Notes, the “Offering”).
View on SEC.gov

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New Mountain Finance Corp filing history →

Source: SEC EDGAR
accession 0001628280-23-037431
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