New Mountain Finance Co. 8.250% Notes due 2028 (NASDAQ: NMFCZ) are unsecured senior debt securities issued by New Mountain Finance Corporation, a publicly listed business development company. The notes carry a fixed annual interest rate of 8.25%, payable semi‐annually, and mature on April 1, 2028. They are intended to provide investors with a predictable income stream and rank senior in the capital structure, subordinated only to any secured indebtedness.
New Mountain Finance Corporation is externally managed by New Mountain Capital, an investment firm focused on middle‐market companies in the United States. Since its inception in 2011, the company has deployed capital across a range of defensive sectors including software and technology-enabled services, healthcare, financial services and insurance, and energy transition. The firm seeks to structure its investments through first‐lien senior debt, unitranche facilities and equity co-investments, aiming to deliver risk‐adjusted returns while preserving investor capital.
The proceeds from the 8.250% Notes due 2028 are used to support New Mountain Finance’s ongoing lending activities, including new portfolio financings and refinancing of existing borrowings. As a regulated business development company (BDC) under the U.S. Investment Company Act of 1940, the company benefits from a pass-through structure that generally avoids corporate‐level taxation, subject to certain distribution requirements. New Mountain Finance’s leadership team combines veterans of private credit and middle‐market investing, drawing on the resources of New Mountain Capital’s research‐driven approach to identify resilient businesses with opportunities for growth and operational improvement.
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