secwatch / observer
8-K filed January 26, 2024, 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 $300M 6.875% Notes due 2029

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 $300 million aggregate principal amount with BofA Securities, Inc., Deutsche Bank Securities Inc., SMBC Nikko Securities America, Inc. and Wells Fargo Securities, LLC as representatives of the several underwriters at 6.875% maturing due 2029.

Instrument
senior notes
Principal
$300 million aggregate principal amount
Counterparty
BofA Securities, Inc., Deutsche Bank Securities Inc., SMBC Nikko Securities America, Inc. and Wells Fargo Securities, LLC as representatives of the several underwriters
Rate
6.875%
Maturity
due 2029
Event
incurrence
Exact text from the filing
On January 25, 2024 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 BofA Securities, Inc., Deutsche Bank Securities Inc., SMBC Nikko Securities America, Inc. and Wells Fargo Securities, LLC as the representatives of the several underwriters named in Schedule I thereto, on the other hand, in connection with the issuance and sale of $300 million aggregate principal amount of the Company’s 6.875% Notes due 2029 (the “Notes” and the issuance and sale of the Notes, the “Offering”).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

New Mountain Finance Corp entered into Underwriting Agreement with BofA Securities, Inc., Deutsche Bank Securities Inc., SMBC Nikko Securities America, Inc. and Wells Fargo Securities, LLC valued at $300 million (effective 2024-01-25).

Action
entry
Agreement
underwriting
Counterparty
BofA Securities, Inc., Deutsche Bank Securities Inc., SMBC Nikko Securities America, Inc. and Wells Fargo Securities, LLC
Value
$300 million
Effective
2024-01-25
Exact text from the filing
On January 25, 2024 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 BofA Securities, Inc., Deutsche Bank Securities Inc., SMBC Nikko Securities America, Inc. and Wells Fargo Securities, LLC as the representatives of the several underwriters named in Schedule I thereto, on the other hand, in connection with the issuance and sale of $300 million aggregate principal amount of the Company’s 6.875% Notes due 2029 (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 0001628280-24-002377
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