Company: NMFCZ
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001496099-25-000018
Chunk: 308

Company: New Mountain Finance Corp
Filing Date: 2025-05-05
Form: 10-Q
Item: Part I, Item 8
Chunk 308
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secured Notes, the 6.875% Unsecured Notes and the 6.200% Unsecured Notes are based on quoted prices and are considered Level II investments. See Note 7. Borrowings, for details. The following are the principal amounts and fair values of the Company’s borrowings as of March 31, 2025 and December 31, 2024. Fair value is estimated by discounting remaining payments using applicable current market rates, which take into account changes in the Company’s marketplace credit ratings or market quotes, if available.As of March 31, 2025December 31, 2024Principal AmountFair ValuePrincipal AmountFair ValueUnsecured Notes$990,000 $993,883 $990,000 $991,624 Holdings Credit Facility270,563 266,747 294,363 298,435 SBA-guaranteed debentures262,500 231,596 300,000 270,548 2022 Convertible Notes258,784 262,148 260,000 261,811 NMFC Credit Facility (1)29,059 28,678 27,944 26,812 Total Borrowings$1,810,906 $1,783,052 $1,872,307 $1,849,230  (1)     As of March 31, 2025, the principal amount of the NMFC Credit Facility was $29,059, which includes €16,512 denominated in EUR and £8,666 denominated in GBP that has been converted to U.S. dollars. As of March 31, 2025, the fair value of the NMFC Credit Facility was $28,678, which included €16,288 denominated in EUR and £8,560 denominated in GBP that has been converted to U.S. dollars. As of December 31, 2024, the principal amount of the NMFC Credit Facility was $27,944, which included €16,512 denominated in EUR and £8,666 denominated in GBP that has been converted to U.S. dollars. As of December 31, 2024, the fair value of the NMFC Credit Facility was 

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$26,812, which included €15,379 denominated in EUR and £8,700 denominated in GBP that has been converted to U.S. dollars. The following table summarizes the notional amounts