Company: NMFCZ
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001496099-25-000018
Chunk: 284

Company: New Mountain Finance Corp
Filing Date: 2025-05-05
Form: 10-Q
Item: Part I, Item 8
Chunk 284
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 Company’s investment in SLP IV is disclosed on the Company’s Consolidated Schedule of Investments as of March 31, 2025 and December 31, 2024. On May 5, 2021, SLP IV entered into a $370,000 revolving credit facility with Wells Fargo Bank, National Association which matures on March 27, 2029. As of the amendment on December 20, 2024, the facility bears interest at a rate of SOFR plus 1.50%. From March 27, 2024 to December 20, 2024, the facility bore interest at a rate of SOFR plus 1.90%. From April 28, 2023 to March 27, 2024, the facility bore interest at a rate of SOFR plus 1.70%. As of March 31, 2025 and December 31, 2024, SLP IV had total investments with an aggregate fair value of approximately $451,133 and $469,326, respectively, and debt outstanding under its credit facility of $323,437 and $334,437, respectively. As of March 31, 2025 and December 31, 2024, none of SLP IV’s investments were on non-accrual status. Additionally, as of March 31, 2025 and December 31, 2024, SLP IV had unfunded commitments in the form of delayed draws of $2,772 and $1,212, respectively.Below is a summary of SLP IV's consolidated portfolio, along with a listing of the individual investments in SLP IV's consolidated portfolio as of March 31, 2025 and December 31, 2024:March 31, 2025December 31, 2024First lien investments (1)$467,692 $481,040 Weighted average interest rate on first lien investments (2)8.38 %8.54 %Number of portfolio companies in SLP IV79 79 Largest portfolio company investment (1)$18,015 $17,933 Total of five largest portfolio company investments (1)$66,265 $62,752 (1)Reflects principal amount or par value of investment.(2)Computed as the all in interest rate in effect on accruing investments divided by the total principal amount of investments.84

Table of ContentsThe following table is a listing of the individual investments in S