Company: NMFCZ
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001496099-25-000018
Chunk: 282

Company: New Mountain Finance Corp
Filing Date: 2025-05-05
Form: 10-Q
Item: Part I, Item 8
Chunk 282
---
 value in accordance with Accounting Standards Codification Topic 820, Fair Value Measurement and Disclosures ("ASC 820"). The Company's board of directors does not determine the fair value of the investments held by SLP III.82

Table of ContentsBelow is certain summarized financial information for SLP III as of March 31, 2025 and December 31, 2024 and for the three months ended March 31, 2025 and March 31, 2024:Selected Balance Sheet Information:March 31, 2025December 31, 2024Investments at fair value (cost of $697,918 and $716,654)$688,213 $715,096 Cash and other assets24,858 20,988 Receivable from unsettled securities sold14,241 9,652 Total assets$727,312 $745,736 Credit facility$477,700 $511,200 Deferred financing costs (net of accumulated amortization of $6,827 and $6,515, respectively)(3,380)(3,692)Payable for unsettled securities purchased51,283 27,428 Distribution payable7,250 7,625 Other liabilities7,132 7,493 Total liabilities539,985 550,054 Members' capital$187,327 $195,682 Total liabilities and members' capital$727,312 $745,736  Selected Statement of Operations Information:Three Months EndedMarch 31, 2025March 31, 2024Interest income$15,131 $16,789 Other income76 27 Total investment income15,207 16,816 Interest and other financing expenses8,180 8,790 Other expenses306 241 Total expenses8,486 9,031 Net investment income6,721 7,785 Net realized gains (losses) on investments321 (5,669)Net change in unrealized (depreciation) appreciation of investments(8,147)10,723 Net (decrease) increase in members' capital$(1,105)$12,839 For the three months ended March 31, 2025 and March 31, 2024, the Company earned approximately $5,800 and $5,863, respectively, of dividend income related to SLP III, which is included in dividend income. As of March 31, 2025 and