New Mountain Finance Corporation Closes Private Placement of $200 Million of 3.875% Unsecured Notes Due 2026

Feb 02, 2021

New Mountain Finance Corporation (Nasdaq: NMFC) (the "Company", “NMFC”, or "our") announced today that on January 29, 2021, it closed on a private placement of $200 million in aggregate principal amount of 3.875% Series 2021A Unsecured Notes due January 29, 2026 (the “Notes”) by entering into a fifth supplement (the “Supplement”) to its Amended and Restated Note Purchase Agreement dated September 30, 2016 (the “Note Purchase Agreement”). The Company intends to use the proceeds of the offering to redeem its 5.31% Unsecured Notes due May 2021, to repay other outstanding debt and for general corporate purposes. Except as set forth in the Supplement, the Notes have the same terms as the unsecured notes that the Company previously issued pursuant to the Note Purchase Agreement and the supplements thereto, respectively.

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