New Mountain Finance Corp. Files 8-K for Material Agreement

TL;DR

NMFC filed an 8-K on 4/10 for a new material definitive agreement and financial obligation.

AI Summary

New Mountain Finance Corp. entered into a material definitive agreement on April 10, 2024, related to a financial obligation. The company, incorporated in Delaware, filed an 8-K report detailing this event. The filing also includes financial statements and exhibits.

Why It Matters

This filing indicates a significant new financial commitment or obligation for New Mountain Finance Corp., which could impact its financial structure and future operations.

Risk Assessment

Risk Level: medium — Material definitive agreements and new financial obligations can introduce financial risks and alter a company's balance sheet.

Key Numbers

• 814-00832 — SEC File Number (Identifies the specific SEC filing for the company.)
• 27-2978010 — IRS Employer Identification Number (Tax identification number for the company.)

Key Players & Entities

• New Mountain Finance Corp. (company) — Registrant
• April 10, 2024 (date) — Date of Earliest Event Reported
• Delaware (jurisdiction) — State of Incorporation
• 1633 Broadway, 48th Floor, New York, NY 10019 (address) — Business and Mail Address

FAQ

Key Financial Figures

• $0.01 — ch registered Common stock, par value $0.01 per share NMFC NASDAQ Global Select

Filing Documents

• tm2411732d1_8k.htm (8-K) — 31KB
• 0001104659-24-047324.txt ( ) — 247KB
• nmfc-20240410.xsd (EX-101.SCH) — 3KB
• nmfc-20240410_def.xml (EX-101.DEF) — 26KB
• nmfc-20240410_lab.xml (EX-101.LAB) — 36KB
• nmfc-20240410_pre.xml (EX-101.PRE) — 25KB
• tm2411732d1_8k_htm.xml (XML) — 5KB

01

Item 1.01. Entry into a Material Definitive Agreement. On April 10, 2024, New Mountain Finance Corporation (the "Company" ) entered into the Tenth Amendment to Loan and Security Agreement (the "Tenth Amendment" ), which amended the Third Amended and Restated Loan and Security Agreement, dated as of October 24, 2017 (together with the exhibits and schedules thereto, the "Holdings Credit Facility" ), by and among New Mountain Finance Holdings, L.L.C., as borrower, the Company, as collateral manager, Wells Fargo Bank, National Association (" Wells Fargo "), as administrative agent and swingline lender, the lenders party thereto from time to time, and Wells Fargo, as collateral custodian. Unless otherwise indicated, the terms used below have the meanings ascribed in the Tenth Amendment. The Tenth Amendment amended the Holdings Credit Facility to modify the calculation of the Non-Usage Fee Rate that may be payable by the Company at various points during the term of the Holdings Credit Facility. The description above is qualified in its entirety by reference to the copy of the Tenth Amendment, which will be filed as an exhibit to the Company's Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2024.

03

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The disclosure set forth above under Item 1.01 is incorporated by reference herein.

Financial Statements and Exhibits

Financial Statements and Exhibits (d) Exhibits. Exhibit No. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. New Mountain Finance Corporation By: /s/ Joseph W. Hartswell Name: Joseph W. Hartswell Title: Chief Compliance Officer and Corporate Secretary Date: April 15, 2024

View Full Filing

View this 8-K filing on SEC EDGAR