Company: NMFCZ
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001496099-25-000035
Chunk: 32

Company: New Mountain Finance Corp
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 2
Chunk 32
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.200% Unsecured Notes will mature on October 15, 2027 unless earlier redeemed.

(2)Under the terms of the $730.0 million Holdings Credit Facility, all outstanding borrowings under that facility ($308.1 million as of September 30, 2025) must be repaid on or before March 28, 2030. As of September 30, 2025, there was approximately $421.9 million of available capacity remaining, subject to borrowing base limitations, under the Holdings Credit Facility.

(3)The 2022 Convertible Notes matured and were fully repaid on October 15, 2025. 

(4)The SBA-guaranteed debentures held by SBIC I and SBIC II began to mature on March 1, 2025. On February 28, 2025, SBIC I repaid $37.5 million of guaranteed debentures that were due on March 1, 2025. On August 29, 2025 SBIC I repaid $66.3 million of guaranteed debentures that were due on September 1, 2025.

(5)Under the terms of the $527.1 million NMFC Credit Facility, all outstanding borrowings under that facility ($31.0 million, which included €16.5 million denominated in EUR and £8.7 million denominated in GBP that have been converted to U.S. dollars as of September 30, 2025) must be repaid on or before September 28, 2029. As of September 30, 2025, there was approximately $496.1 million of available capacity remaining, subject to borrowing base limitations, under the NMFC Credit Facility.

(6)Under the terms of the $100.0 million Unsecured Management Company Revolver, all outstanding borrowings under that facility must be repaid on or before December 31, 2027. As of September 30, 2025, there were no borrowings outstanding. 

We have entered into an investment management and advisory agreement (the "Investment Management Agreement") with the Investment Adviser in accordance with the 1940 Act. Under the Investment Management Agreement, the Investment Adviser has agreed to provide us with investment advisory and management services. We have agreed to pay for these services (1) a management fee and (2) an incentive fee based on our performance.

We have also entered into the