Company: NMFCZ
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001496099-25-000035
Chunk: 28

Company: New Mountain Finance Corp
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 2
Chunk 28
---
146,414 169,090 Net investment income103,268 111,381 Less: Net investment income related to non-controlling interest in NMNLC351 330 Net investment income related to NMFC$102,917 $111,051 Net change in realized gains (losses) on investments51,223 (43,524)Net change in realized losses on foreign currency— (1,455)Less: Net change in realized gains on investments related to non-controlling interest in NMNLC— (24)Net change in realized gains (losses) of investments related to NMFC$51,223 $(44,955)Net change in unrealized (depreciation) appreciation of investments(111,171)21,835 Net change in unrealized depreciation of securities purchased under collateralizedagreements to resell— (3,000)Net change in unrealized appreciation in NMNLC— 1,533 Net change in unrealized appreciation on foreign currency482 1,796 Provision for taxes(68)(1,804)Less: Net change in unrealized appreciation of investments related to non-controlling interest in NMNLC7 688 Net change in unrealized (depreciation) appreciation of investments related to NMFC$(110,764)$19,672 

Liquidity, Capital Resources, Off-Balance Sheet Arrangements and Contractual Obligations 

Liquidity and Capital Resources

The primary use of existing funds and any funds raised in the future is expected to be for repayment of indebtedness, investments in portfolio companies, cash distributions to our stockholders or for other general corporate purposes.

Since our IPO, and through September 30, 2025, we have raised approximately $1,034.6 million in net proceeds from additional offerings of common stock.

Our liquidity is generated and generally available through advances from the revolving credit facilities, from cash flows from operations, and, we expect, through periodic follow-on equity offerings. In addition, we may from time to time enter into additional debt facilities, increase the size of existing facilities or issue additional debt securities, including unsecured debt and/or debt securities convertible into common stock. Any such incurrence or issuance would be subject to prevailing market conditions, our liquidity requirements, contractual and regulatory restrictions and other factors. On June 8, 2018 our shareholders approved the application of the modified asset coverage requirements set forth in Section 61(a) of the 194