Company: NMFCZ
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001496099-25-000018
Chunk: 175

Company: New Mountain Finance Corp
Filing Date: 2025-05-05
Form: 10-Q
Item: Part I, Item 1
Chunk 175
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%11.4 %11.4 %Equity and other399,105 Market & Income ApproachEBITDA multiple6.0x23.0x11.7xRevenue multiple5.0x20.0x6.7x Discount rate8.6 %32.6 %9.0 %386,921 Income ApproachDiscount rate6.5 %13.0 %10.0 %7,369 OtherN/A(2)N/AN/AN/A$2,956,224      (1)Unobservable inputs were weighted by the relative fair value of the investments.(2)Fair value was determined based on transaction pricing or recent acquisition or sale as the best measure of fair value with no material changes in operations of the related portfolio company since the transaction date.

95

The unobservable inputs used in the fair value measurement of the Company's Level III investments as of December 31, 2024 were as follows:   RangeTypeFair Value as of December 31, 2024ApproachUnobservable InputLowHighWeightedAverage(1)First lien$1,884,611 Market & income approachEBITDA multiple6.0x35.0x14.8x Revenue multiple3.0x19.5x6.9xDiscount rate6.8 %22.1 %9.8 %17,999 OtherN/A(2)N/AN/AN/ASecond lien144,003 Market & income approachEBITDA multiple7.0x20.0x15.2xDiscount rate10.1 %20.6 %12.2 %6,331 OtherN/A(2)N/AN/AN/ASubordinated102,034 Market & income approachEBITDA multiple8.0x21.0x15.4xDiscount rate12.5 %25.9 %16.8 %Equity and other422,851 Market & income approachEBITDA multiple5.5x26.5x12.8x Revenue multiple9.0x19.5x14.1xDiscount rate8.2 %44.6 %8.9 %387,194 Income approachDiscount rate6.4 %12.2 %9.9 %22,055 OtherN/A(2)N/AN/AN