secwatch.observer — SEC 8-K summary
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Issuer:     New Mountain Finance Corp (NMFC)
CIK:        0001496099
Form:       8-K
Filed at:   2024-02-01T23:59:59+00:00
Accession:  0001628280-24-002942
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.03, 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

New Mountain Finance issues $300M of 6.875% notes due 2029 to repay existing debt
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- Issued $300M aggregate principal of 6.875% Notes due Feb 1, 2029; interest payable semi-annually Feb 1/Aug 1 starting Aug 1, 2024.
- Net proceeds to repay borrowings under Wells Fargo senior secured revolver and 5.494% unsecured notes due April 30, 2024.
- Notes are unsecured, rank pari passu with existing unsubordinated unsecured debt; callable at make-whole premium before Jan 1, 2029, then at par.
- Fifth Supplemental Indenture includes covenants requiring compliance with Section 18(a)(1)(A) of Investment Company Act (as modified).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1496099/000162828024002942/0001628280-24-002942-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1496099/000162828024002942/nmfc-20240201.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-002942

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