Company: NMFCZ
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001496099-25-000035
Chunk: 63

Company: New Mountain Finance Corp
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 1
Chunk 63
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New Mountain Finance Corporation

Consolidated Statements of Assets and Liabilities

(in thousands, except shares and per share data)

(unaudited)

 September 30, 2025December 31, 2024Assets  Investments at fair value  Non-controlled/non-affiliated investments (cost of $2,224,517 and $2,298,083, respectively)$2,173,373 $2,277,352 Non-controlled/affiliated investments (cost of $129,720 and $124,254, respectively)94,686 112,776 Controlled investments (cost of $708,084 and $679,587, respectively)675,560 700,896 Total investments at fair value (cost of $3,062,321 and $3,101,924, respectively)2,943,619 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 equivalents63,684 80,320 Interest and dividend receivable44,169 42,379 Derivative asset at fair value5,834 — Receivable from affiliates334 213 Other assets17,769 19,265 Total assets$3,088,909 $3,246,701 Liabilities  Borrowings     Unsecured Notes$990,999 $978,503      Holdings Credit Facility308,063 294,363      2022 Convertible Notes258,782 260,091      SBA-guaranteed debentures196,205 300,000      NMFC Credit Facility31,032 27,944      Deferred financing costs (net of accumulated amortization of $48,017 and $63,971, respectively)(19,698)(24,191)Net borrowings1,765,383 1,836,710 Interest payable18,072 17,109 Payable to broker13,460 3,230 Payable for unsettled securities purchased10,412 — Management fee payable9,619 10,467 Incentive fee payable2,801 8,625 Deferred tax liability1,478 1,410 Derivative liability at fair value821 7,423 Other liabilities4,197 2,436 Total liabilities