Company: NMFCZ
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001496099-25-000035
Chunk: 372

Company: New Mountain Finance Corp
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 8
Chunk 372
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100,885 $2,842,734 The following table summarizes the levels in the fair value hierarchy that the Company’s portfolio investments fall into as of December 31, 2024: TotalLevel ILevel IILevel IIIFirst lien$1,956,608 $— $53,998 $1,902,610 Second lien197,050 — 46,716 150,334 Subordinated102,034 — — 102,034 Structured Finance Obligations3,232 — 3,232 — Equity and other832,100 — — 832,100 Total investments$3,091,024 $— $103,946 $2,987,078 The following table summarizes the changes in fair value of Level III portfolio investments for the three months ended September 30, 2025, as well as the portion of appreciation (depreciation) included in income attributable to the net change in unrealized appreciation (depreciation) related to those assets and liabilities still held by the Company at September 30, 2025: TotalFirst LienSecond LienSubordinatedStructured Finance ObligationsEquity andotherFair Value, June 30, 2025$2,920,263 $1,927,366 $128,623 $107,986 $3,249 $753,039 Total gains or losses included in earnings:Net realized gains (losses) on investments11 3 (33)— — 41 Net change in unrealized (depreciation) appreciation of investments(19,504)(7,077)2,499 (142)8 (14,792)Purchases, including capitalized PIK and revolver fundings139,332 121,173 9,464 3,187 — 5,508 Proceeds from sales and paydowns of investments(163,342)(98,831)(62,656)— — (1,855)Transfers into Level III(1)20,231 — 20,231 — — — Transfers out of Level III(1)(54,257)(54,257)— — — — Fair Value, September 30, 2025$2,842,734 $1,888,377 $98