New Mountain Finance Co. 8.250% Notes due 2028 (NASDAQ:NMFCZ) (NASDAQ: NMFCZ) are senior unsecured debt securities issued by New Mountain Finance Corporation, a closed-end business development company. These notes pay a fixed annual interest rate of 8.25%, with interest typically paid quarterly and a maturity date in 2028. The securities are listed on the NASDAQ Capital Market, offering investors a fixed-income instrument tied to the performance of the issuer’s diversified investment portfolio.
New Mountain Finance Corporation focuses on making debt and equity investments in middle-market companies across a range of sectors, including business services, healthcare, software, and specialty finance. The company seeks to provide flexible capital solutions—such as first-lien and second-lien loans, unitranche financings, and equity co-investments—designed to support growth strategies, acquisitions, recapitalizations, and balance-sheet improvements for its portfolio companies.
Founded in 2011, New Mountain Finance is externally managed by New Mountain Finance Advisors, an affiliate of New Mountain Capital, a New York–based investment firm known for its research-driven approach. The BDC’s leadership team combines private equity and credit expertise, guided by a board chaired by industry veteran Steven B. Klinsky. This structure aligns the management company’s incentives with those of New Mountain Finance’s shareholders and noteholders.
The 8.25% Notes due 2028 provide investors with an opportunity to earn a higher-yielding fixed return relative to many comparable corporate bonds, supported by the breadth and diversity of New Mountain Finance’s debt-and-equity portfolio. As a business development company, the issuer must distribute at least 90% of taxable income to shareholders, reinforcing its focus on income generation and disciplined credit underwriting.
