Company: NMFCZ
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001496099-25-000018
Chunk: 20

Company: New Mountain Finance Corp
Filing Date: 2025-05-05
Form: 10-Q
Item: Part I, Item 1
Chunk 20
---
New Mountain Finance Corporation

Consolidated Statements of Assets and Liabilities

(in thousands, except shares and per share data)

(unaudited)

 March 31, 2025December 31, 2024Assets  Investments at fair value  Non-controlled/non-affiliated investments (cost of $2,276,008 and $2,298,083, respectively)$2,260,728 $2,277,352 Non-controlled/affiliated investments (cost of $126,927 and $124,254, respectively)110,558 112,776 Controlled investments (cost of $690,008 and $679,587, respectively)662,925 700,896 Total investments at fair value (cost of $3,092,943 and $3,101,924, respectively)3,034,211 3,091,024 Securities purchased under collateralized agreements to resell (cost of $30,000 and $30,000, respectively)13,500 13,500 Cash and cash equivalents85,496 80,320 Interest and dividend receivable41,239 42,379 Derivative asset at fair value3,117 — Receivable from affiliates247 213 Other assets18,841 19,265 Total assets$3,196,651 $3,246,701 Liabilities  Borrowings     Unsecured Notes$985,227 $978,503      Holdings Credit Facility270,563 294,363      SBA-guaranteed debentures262,500 300,000      2022 Convertible Notes258,846 260,091      NMFC Credit Facility29,059 27,944      Deferred financing costs (net of accumulated amortization of $66,182 and $63,971, respectively)(23,343)(24,191)Net borrowings1,782,852 1,836,710 Interest payable18,437 17,109 Payable for unsettled securities purchased12,022 — Payable to broker10,130 3,230 Management fee payable9,945 10,467 Incentive fee payable6,714 8,625 Derivative liability at fair value3,368 7,423 Deferred tax liability1,432 1,410 Other liabilities3,573 2,436