Company: NMFCZ
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001496099-25-000018
Chunk: 341

Company: New Mountain Finance Corp
Filing Date: 2025-05-05
Form: 10-Q
Item: Part I, Item 8
Chunk 341
---
 net of waivers/reimbursements15.29 %15.97 %Average debt outstanding—Unsecured Notes$990,000 $632,610 Average debt outstanding—Holdings Credit Facility310,636 358,489 Average debt outstanding—SBA-guaranteed debentures287,083 300,000 Average debt outstanding—2022 Convertible Notes259,514 260,000 Average debt outstanding—NMFC Credit Facility(5)28,302 35,729 Average debt outstanding—DB Credit Facility (6)— 185,095 Average debt outstanding—NMNLC Credit Facility II (7)— 2,371 Asset coverage ratio(8)186.95 %192.25 %Portfolio turnover3.92 %4.83 %(1)Per share data is based on weighted average shares outstanding for the respective period (except for distributions declared to stockholders, which is based on actual rate per share).(2)Total return is calculated assuming a purchase of common stock at the opening of the first day of the year and a sale on the closing of the last business day of the period. Dividends and distributions, if any, are assumed for purposes of this calculation, to be reinvested at prices obtained under the Company’s dividend reinvestment plan. Total return does not reflect sales load.(3)Total return is calculated assuming a purchase at net asset value on the opening of the first day of the year and a sale at net asset value on the last day of the period. Dividends and distributions, if any, are assumed for purposes of this calculation, to be reinvested at the net asset value on the last day of the respective quarter. Total return does not reflect sales load.(4)Interim periods are annualized. (5)Under the NMFC Credit Facility, the Company may borrow in U.S. dollars or certain other permitted currencies. As of March 31, 2025 and March 31, 2024, the Company had borrowings denominated in EUR of €16,512 and €17,400, respectively, and borrowings denominated in GBP of £8,666 and £22,850, respectively, that have been converted to U.S. dollars.(6)On September 30, 2024, the Company repaid all amounts outstanding under the DB Credit Facility, including outstanding borrowings and accrued interest, and terminated the DB Credit Facility. 

113

(7)On