UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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Emerging growth company
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| Item 1.01. | Entry into a Material Definitive Agreement. |
On March 28, 2025, New Mountain Finance Corporation (the “Company”) entered into the Thirteenth Amendment to Loan and Security Agreement (the “Thirteenth 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 “Loan and Security Agreement”), 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, a lender, 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 Loan and Security Agreement.
The Thirteenth Amendment amended the Loan and Security Agreement to, among other things, (i) extend the Revolving Period End Date from October 26, 2026 to March 28, 2028; (ii) extend the Facility Maturity Date from October 26, 2028 to March 28, 2030; and (iii) reduce the Applicable Spread used to determine the per annum interest rate applicable to 1.95%, from 2.15%.
The description above is qualified in its entirety by reference to the copy of the Thirteenth Amendment, which will be filed as an exhibit to the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ending March 31, 2025.
| 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.
| Item 9.01 | Financial Statements and Exhibits |
| (d) | Exhibits. |
Exhibit No.
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
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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/ Eric Kane | |
| Name: | Eric Kane | |
| Title: | Corporate Secretary | |
Date: April 2, 2025
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