---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-051944"
form_type: "8-K"
ticker: null
cik: "0002037804"
company_name: "New Mountain Private Credit Fund"
filed_at: "2024-12-19T23:59:59+00:00"
generated_at: "2026-05-29T01:49:21.969304+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# New Mountain Private Credit Fund completes merger with Guardian III BDC for $7.27/unit; secures $650M credit facility

## Summary
- Merger completed Dec 17, 2024; each GIII unit converted to $7.27 in cash.
- Entered $650M revolving credit facility with Goldman Sachs; interest at 3-month SOFR + 2.20%, matures Dec 2029.
- Facility secured by substantially all portfolio investments; availability period ends Dec 2027.

## SEC filing metadata
- accession: 0001628280-24-051944
- form_type: 8-K
- cik: 0002037804
- company_name: New Mountain Private Credit Fund
- filed_at: 2024-12-19T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- 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/2037804/000162828024051944/0001628280-24-051944-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2037804/000162828024051944/nmgivi-20241218.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-051944
- JSON: https://secwatch.observer/filing/0001628280-24-051944.json
- Plain text: https://secwatch.observer/filing/0001628280-24-051944.txt

## Key facts
- M&A Transactions
  New Mountain Private Credit Fund completed an acquisition involving New Mountain Guardian III BDC, L.L.C. for $7.27 per unit in cash (closed 2024-12-17).
  - Action: acquisition
  - Counterparty: New Mountain Guardian III BDC, L.L.C.
  - Consideration: $7.27 per unit in cash
  - Closing: 2024-12-17
  source text: at the effective time of the Merger, each outstanding unit of GIII’s limited liability company interests was converted into the right to receive an amount in cash equal to $7.27. The foregoing description of the Merger Agreement is a summary only and is qualified in its entirety by reference to the full text of the Merger Agreement, a copy of which was
  evidence_url: https://www.sec.gov/Archives/edgar/data/2037804/000162828024051944/0001628280-24-051944-index.htm

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