Company: NMFCZ
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001496099-25-000035
Chunk: 380

Company: New Mountain Finance Corp
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 8
Chunk 380
---
ings as of September 30, 2025 and December 31, 2024. Fair value is estimated by discounting remaining payments using applicable current market rates, which take into account changes in the Company’s marketplace credit ratings or market quotes, if available.As of September 30, 2025December 31, 2024Principal AmountFair ValuePrincipal AmountFair ValueUnsecured Notes$990,000 $1,004,496 $990,000 $991,624 Holdings Credit Facility308,063 307,999 294,363 298,435 2022 Convertible Notes258,777 259,036 260,000 261,811 SBA-guaranteed debentures196,205 173,434 300,000 270,548 NMFC Credit Facility (1)31,032 30,969 27,944 26,812 Total Borrowings$1,784,077 $1,775,934 $1,872,307 $1,849,230  (1)     As of September 30, 2025, the principal amount of the NMFC Credit Facility was $31,032, which includes €16,512 denominated in EUR and £8,666 denominated in GBP that has been converted to U.S. dollars. As of September 30, 2025, the fair value of the NMFC Credit Facility was $30,969, which included €16,477 denominated in EUR and £8,650 denominated in GBP that has been converted to U.S. dollars. As of December 31, 2024, the principal amount of the NMFC Credit Facility was $27,944, which included €16,512 denominated in EUR and £8,666 denominated in GBP that has been converted to U.S. dollars. As of December 31, 2024, the fair value of the NMFC Credit Facility was 

97

$26,812, which included €15,379 denominated in EUR and £8,700 denominated in GBP that has been converted to U.S. dollars.The following table summarizes the notional amounts and fair values of the Company's derivative instruments as of September 30, 2025. The Company's derivative instruments are considered Level II investments. As of September 30, 2025As of December 31, 2024Notional AmountFair ValueNotional AmountFair Value