Company: NMFCZ
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001496099-25-000035
Chunk: 368

Company: New Mountain Finance Corp
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 8
Chunk 368
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All interest is payable in cash unless otherwise indicated. All of the variable rate debt investments bear interest at a rate that may be determined by reference to the Secured Overnight Financing Rate (SOFR). For each investment, the current interest rate provided reflects the rate in effect as of  December 31, 2024.(2)Represents the fair value in accordance with ASC 820. The Company's board of directors does not determine the fair value of the investments held by SLP IV.Below is certain summarized consolidated financial information for SLP IV as of September 30, 2025 and December 31, 2024 and for the three and nine months ended September 30, 2025 and September 30, 2024:Selected Consolidated Balance Sheet Information:September 30, 2025December 31, 2024Investments at fair value (cost of $537,430 and $474,738, respectively)$525,343 $469,326 Cash and other assets24,345 15,401 Receivable from unsettled securities sold4,706 7,232 Total assets$554,394 $491,959 Credit facility$380,737 $334,437 Deferred financing costs (net of accumulated amortization of $3,592 and $2,616, respectively)(4,824)(3,088)Payable for unsettled securities39,154 13,485 Distribution payable4,826 5,184 Other liabilities6,061 6,090 Total liabilities425,954 356,108 Members' capital$128,440 $135,851 Total liabilities and members' capital$554,394 $491,959 Selected Consolidated Statement of Operations Information:Three Months EndedNine Months EndedSeptember 30, 2025September 30, 2024September 30, 2025September 30, 2024Interest income$11,308 $12,906 $31,291 $37,025 Other income65 10 156 77 Total investment income11,373 12,916 31,447 37,102 Interest and other financing expenses5,986 6,694 16,171 19,436 Other expenses258 202 673 651 Total expenses6,244 6,896 16,844 20,087 Net investment income5,129 6,020 14,603