Company: NMFCZ
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001496099-25-000018
Chunk: 266

Company: New Mountain Finance Corp
Filing Date: 2025-05-05
Form: 10-Q
Item: Part I, Item 8
Chunk 266
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2026 to January 8, 2029, and the reinvestment period was extended from July 8, 2026 to July 8, 2027. As of the amendment on July 3, 2024, during the reinvestment period, the credit facility bears interest at a rate of the Secured Overnight Financing Rate ("SOFR") plus 1.65%, and after the reinvestment period it will bear interest at a rate of SOFR plus 1.95%. From June 23, 2023 to July 3, 2024, during the reinvestment period, the credit facility bore interest at a rate of the SOFR plus 1.80%, and after the reinvestment period it bore interest at a rate of SOFR plus 2.10%. As of March 31, 2025, SLP III's revolving credit facility has a maximum borrowing capacity of $600,000. As of March 31, 2025 and December 31, 2024, SLP III had total investments with an aggregate fair value of approximately $688,213 and $715,096, respectively, and debt outstanding under its credit facility of $477,700 and $511,200, respectively. As of March 31, 2025 and December 31, 2024, none of SLP III's investments were on non-accrual status. Additionally, as of March 31, 2025 and December 31, 2024, SLP III had unfunded commitments in the form of delayed draws of $4,909 and $2,654, respectively. 75

Table of ContentsBelow is a summary of SLP III's portfolio, along with a listing of the individual investments in SLP III's portfolio as of March 31, 2025 and December 31, 2024:March 31, 2025December 31, 2024First lien investments (1)$710,505 $727,619 Weighted average interest rate on first lien investments (2)8.31 %8.49 %Number of portfolio companies in SLP III90 90 Largest portfolio company investment (1)$17,650 $17,697 Total of five largest portfolio company investments (1)$80,092 $80,215 (1)Reflects principal amount or par value of investment.(2)Computed as the all in interest rate in effect on accruing investments divided by