New Mountain Finance (NMFC) has released an update to notify the public and investors about an entry into a material definitive agreement.
New Mountain Finance Corporation, together with its Adviser and Administrator, entered into an agreement with several underwriters led by BofA Securities, Inc., and others for the sale of $300 million in 6.875% Notes due 2029. The expected closing date of the offering is February 1, 2024, with conditions typical for such transactions, including representations, warranties, and indemnification clauses. The offering was conducted under the Company’s existing shelf registration statement and accompanied by the necessary prospectus supplements and pricing information filed with the SEC.
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