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New Mountain Finance Corporation - Common Stock (NMFC)

11.62
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New Mountain Finance Corp is a publicly traded business development company that specializes in providing customized financing solutions to middle-market companies

The firm primarily focuses on investing in senior secured loans, which offer a blend of debt and equity investments designed to support the growth initiatives and operational needs of its portfolio companies. By leveraging its extensive market knowledge and investment expertise, New Mountain Finance Corp aims to deliver attractive risk-adjusted returns for its shareholders while fostering the success of the businesses it finances.

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New Mountain Finance Corporation Schedules its Fourth Quarter and Year Ended December 31, 2024 Earnings Release and Conference Call
New Mountain Finance Corporation (NASDAQNMFC) (“New Mountain” or “the Company”) announced today that it will release its financial results for the quarter and year ended December 31, 2024 on Wednesday, February 26, 2025 after markets close. The Company will host an earnings conference call and webcast at 10:00 am Eastern Time on Thursday, February 27, 2025. During the live conference call, the Company’s officers will review the fourth quarter and year ended December 31, 2024 performance, discuss recent events and conduct a question-and-answer session.
By New Mountain Finance Corporation · Via Business Wire · January 23, 2025
New Mountain Finance Corporation Announces Financial Results for the Quarter Ended September 30, 2024
New Mountain Finance Corporation (NASDAQNMFC) (“New Mountain,” “New Mountain Finance” or the “Company”) today announced its financial results for the quarter ended September 30, 2024.
By New Mountain Finance Corporation · Via Business Wire · October 30, 2024
New Mountain Finance Corporation Announces the Extension of its Stock Repurchase Program
New Mountain Finance Corporation (NASDAQNMFC) (“NMFC” or “the Company”) today announced that on October 23, 2024, the Company’s board of directors authorized an extension of a previously established stock repurchase program (the “Repurchase Program”). Pursuant to the Repurchase Program, the Company can repurchase up to $50 million worth of its common stock at the discretion of NMFC’s management team. The Repurchase Program was set to expire on December 31, 2024, but the Company’s board of directors elected to extend the Repurchase Program through December 31, 2025. Under the Repurchase Program, NMFC may, but is not obligated to, repurchase its outstanding common stock in the open market from time to time provided that NMFC complies with the prohibitions under its Code of Ethics and the guidelines specified in Rule 10b-18 of the Securities Exchange Act of 1934, as amended, including certain price, market volume and timing constraints. Unless further extended by NMFC’s board of directors, the Company expects the Repurchase Program to be in place until the earlier of December 31, 2025 or until $50 million worth of NMFC’s outstanding shares of common stock have been repurchased. To date, approximately $2.9 million worth of repurchases have been made by the Company under the Repurchase Program.
By New Mountain Finance Corporation · Via Business Wire · October 28, 2024
New Mountain Finance Corporation Schedules its Third Quarter 2024 Earnings Release and Conference Call
New Mountain Finance Corporation (NASDAQNMFC) (“New Mountain” or “the Company”) announced today that it will release its financial results for the quarter ended September 30, 2024 on Wednesday October 30, 2024 after markets close. The Company will host an earnings conference call and webcast at 10:00 am Eastern Time on Thursday, October 31, 2024. During the live conference call, the Company’s officers will review the third quarter performance, discuss recent events and conduct a question-and-answer session.
By New Mountain Finance Corporation · Via Business Wire · October 1, 2024
New Mountain Finance Corporation Prices Public Offering of $300 Million 6.200% Notes Due 2027
New Mountain Finance Corporation (the “Company,” “we,” “us” or “our”) (Nasdaq: NMFC) today announced that it has priced an underwritten public offering of $300 million in aggregate principal amount of 6.200% unsecured notes due 2027 (the “Notes”).
By New Mountain Finance Corporation · Via Business Wire · September 23, 2024
New Mountain Finance Corporation Announces Financial Results for the Quarter Ended June 30, 2024
New Mountain Finance Corporation (NASDAQNMFC) (“New Mountain,” “New Mountain Finance” or the “Company”) today announced its financial results for the quarter ended June 30, 2024.
New Mountain Finance Corporation Schedules its Second Quarter 2024 Earnings Release and Conference Call
New Mountain Finance Corporation (NASDAQNMFC) (“New Mountain” or “the Company”) announced today that it will release its financial results for the quarter ended June 30, 2024 on Wednesday, July 31, 2024 after markets close. The Company will host an earnings conference call and webcast at 10:00 am Eastern Time on Thursday, August 1, 2024. During the live conference call, the Company’s officers will review the second quarter performance, discuss recent events and conduct a question-and-answer session.
New Mountain Finance Corporation Announces Financial Results for the Quarter Ended March 31, 2024
New Mountain Finance Corporation (NASDAQNMFC) (“New Mountain,” “New Mountain Finance” or the “Company”) today announced its financial results for the quarter ended March 31, 2024.
New Mountain Finance Corporation Schedules its First Quarter 2024 Earnings Release and Conference Call
New Mountain Finance Corporation (NASDAQNMFC) (“New Mountain” or “the Company”) announced today that it will release its financial results for the quarter ended March 31, 2024 on Wednesday, May 1, 2024 after markets close. The Company will host an earnings conference call and webcast at 10:00 am Eastern Time on Thursday, May 2, 2024. During the live conference call, the Company’s officers will review the first quarter performance, discuss recent events and conduct a question-and-answer session.
New Mountain Finance Corporation Announces Financial Results for the Quarter and Year Ended December 31, 2023
New Mountain Finance Corporation (NASDAQNMFC) (“New Mountain,” “NMFC,” “New Mountain Finance” or the “Company”) today announced its financial results for the quarter and year ended December 31, 2023. In line with preliminary estimates reported on January 18, 2024, the Company reported fourth quarter net investment income ("NII") of $0.40 per weighted average share and net asset value (“NAV”) per share of $12.87, compared to $13.06 on September 30, 2023, a decline of 0.7% excluding the impact of the $0.10 special dividend paid on December 29, 2023. The Company also announced that its Board of Directors declared a first quarter regular distribution of $0.32 per share and a supplemental distribution of $0.04, which will be payable on March 29, 2024 to holders of record as of March 15, 2024.
By New Mountain Finance Corporation · Via Business Wire · February 26, 2024
New Mountain Finance Corporation Prices Public Offering of $300 Million 6.875% Notes Due 2029
New Mountain Finance Corporation (the “Company,” “we,” “us” or “our”) (Nasdaq: NMFC) today announced that it has priced an underwritten public offering of $300 million in aggregate principal amount of 6.875% unsecured notes due 2029 (the “Notes”).
By New Mountain Finance Corporation · Via Business Wire · January 25, 2024
New Mountain Finance Corporation Announces Preliminary Estimates of Fourth Quarter 2023 Operating Results
New Mountain Finance Corporation (NASDAQNMFC) (“NMFC”, “the Company”, “we” or “our”) today announced its preliminary estimates of its financial condition and results of operations as of and for the three months ended December 31, 2023, which are estimated as of January 17, 2024.
By New Mountain Finance Corporation · Via Business Wire · January 18, 2024
New Mountain Finance Corporation Schedules its Fourth Quarter and Year Ended December 31, 2023 Earnings Release and Conference Call
New Mountain Finance Corporation (NASDAQNMFC) (“New Mountain” or “the Company”) announced today that it will release its financial results for the quarter and year ended December 31, 2023 on Monday, February 26, 2024 after markets close. The Company will host an earnings conference call and webcast at 10:00 am Eastern Time on Tuesday, February 27, 2024. During the live conference call, the Company’s officers will review the fourth quarter and year ended December 31, 2023 performance, discuss recent events and conduct a question-and-answer session.
By New Mountain Finance Corporation · Via Business Wire · January 5, 2024
New Mountain Finance Corporation Declares a Special Distribution and Announces the Extension of its Stock Repurchase Program
New Mountain Finance Corporation (NASDAQNMFC) (“NMFC” or “the Company”) today announced that on December 8, 2023, its board of directors declared a special distribution of the Company’s excess undistributed taxable income. The special distribution will be in the amount of $0.10 per share payable on December 29, 2023 to shareholders of record as of December 22, 2023. The special distribution is driven primarily from the gain realized on our investment in Haven Midstream Holdings LLC, which, due to unique circumstances, was treated as taxable ordinary income. Regulated investment company rules require distribution of at least 90% of annual ordinary taxable income. This special distribution is being made to enable NMFC to comply with this requirement.
By New Mountain Finance Corporation · Via Business Wire · December 13, 2023
New Mountain Finance Corporation Appoints Kris Corbett as Chief Financial Officer
New Mountain Finance Corporation (NASDAQNMFC) (“New Mountain”), the publicly traded credit BDC arm of New Mountain Capital, today announced the appointment of Kris Corbett as Chief Financial Officer, effective November 27, 2023.
By New Mountain Finance Corporation · Via Business Wire · November 22, 2023
New Mountain Finance Corporation Prices Public Offering of $115.0 Million 8.250% Notes Due 2028
New Mountain Finance Corporation (the “Company,” “we,” “us” or “our”) (Nasdaq: NMFC) today announced that it has priced an underwritten public offering of $115.0 million in aggregate principal amount of 8.250% unsecured notes due 2028 (the “Notes”).
By New Mountain Finance Corporation · Via Business Wire · November 6, 2023
New Mountain Finance Corporation Announces Third Quarter Financial Results
New Mountain Finance Corporation (NASDAQNMFC) (“New Mountain,” “New Mountain Finance” or the “Company”) today announced its financial results for the quarter ended September 30, 2023. The Company reported third quarter net investment income ("NII") of $0.40 per weighted average share, representing a 25% year-over-year increase, and net asset value (“NAV”) per share of $13.06. The Company also announced that its board of directors declared a fourth quarter regular distribution of $0.32 per share and a supplemental distribution of $0.04, which will be payable on December 29, 2023 to holders of record as of December 15, 2023.
By New Mountain Finance Corporation · Via Business Wire · November 2, 2023
New Mountain Finance Corporation Schedules its Third Quarter 2023 Earnings Release and Conference Call
New Mountain Finance Corporation (Nasdaq: NMFC) (“New Mountain” or “the Company”) announced today that it will release its financial results for the quarter ended September 30, 2023 on Thursday, November 2, 2023 after markets close. The Company will host an earnings conference call and webcast at 11:00 am Eastern Time on Friday, November 3, 2023. During the live conference call, the Company’s officers will review the third quarter performance, discuss recent events and conduct a question-and-answer session.
By New Mountain Finance Corporation · Via Business Wire · September 28, 2023
New Mountain Finance Corporation Announces Second Quarter Financial Results
New Mountain Finance Corporation (NASDAQNMFC) (“New Mountain,” “New Mountain Finance” or the “Company”) today announced its financial results for the quarter ended June 30, 2023. The Company reported second quarter net investment income ("NII") of $0.39 per weighted average share, a 26% increase in year-over-year NII, and net asset value (“NAV”) per share of $13.14, in line with prior quarter NAV of $13.14. The Company also announced that its board of directors declared a third quarter regular distribution of $0.32 per share and a supplemental distribution of $0.04, which will be payable on September 29, 2023 to holders of record as of September 15, 2023.
New Mountain Finance Corporation Announces Board Appointment
New Mountain Finance Corporation (Nasdaq: NMFC) (“New Mountain”) today announced that Barbara Daniel has joined its Board of Directors (the “Board”) as an independent director, effective July 1, 2023.
New Mountain Finance Corporation Schedules its Second Quarter 2023 Earnings Release and Conference Call
New Mountain Finance Corporation (Nasdaq: NMFC) (“New Mountain” or “the Company”) announced today that it will release its financial results for the quarter ended June 30, 2023 on Wednesday, August 2, 2023 after markets close. The Company will host an earnings conference call and webcast at 12:00 pm Eastern Time on Thursday, August 3, 2023. During the live conference call, the Company’s officers will review the second quarter performance, discuss recent events and conduct a question-and-answer session.
New Mountain Finance Corporation Announces First Quarter Financial Results
New Mountain Finance Corporation (NASDAQNMFC) (“New Mountain,” “New Mountain Finance” or the “Company”) today announced its financial results for the quarter ended March 31, 2023. The Company reported first quarter net investment income ("NII") of $0.38 per weighted average share and net asset value (“NAV”) per share of $13.14, compared to $13.02 on December 31, 2022. The Company also announced that its board of directors declared a second quarter regular distribution of $0.32 per share and a supplemental distribution of $0.03, which will be payable on June 30, 2023 to holders of record as of June 16, 2023.
New Mountain Finance Corporation Schedules its First Quarter 2023 Earnings Release and Conference Call
New Mountain Finance Corporation (Nasdaq: NMFC) (“New Mountain” or “the Company”) announced today that it will release its financial results for the quarter ended March 31, 2023 on Monday, May 8, 2023 after markets close. The Company will host an earnings conference call and webcast at 10:00 am Eastern Time on Tuesday, May 9, 2023. During the live conference call, the Company’s officers will review the first quarter performance, discuss recent events and conduct a question-and-answer session.
New Mountain Finance Corporation Prices Reopening of $60 Million of 7.50% Convertible Notes Due 2025
New Mountain Finance Corporation (the “Company”) (NASDAQNMFC) announced today the pricing of an additional $60 million in aggregate principal amount of 7.50% convertible notes due 2025 (the “Notes”). In connection with the offering, the Company entered into private placement purchase agreements (the “Purchase Agreement”) with the several purchasers, each of whom is an “accredited investor” as defined in Rule 501(a) of Regulation D under the Securities Act of 1933, as amended (the “Securities Act”) or a “qualified institutional buyer” within the meaning of Rule 144A promulgated under the Securities Act. The Notes are being issued at 100.5% of the principal amount per note. The closing of the offering is subject to customary closing conditions and is expected to take place on March 14, 2023.
New Mountain Finance Corporation Announces Financial Results for the Quarter and Year Ended December 31, 2022
New Mountain Finance Corporation (NASDAQNMFC) (“New Mountain,” “New Mountain Finance” or the “Company”) today announced its financial results for the quarter and year ended December 31, 2022. The Company reported fourth quarter adjusted net investment income1 of $0.35 per weighted average share and net asset value (“NAV”) per share of $13.02, compared to $13.20 on September 30, 2022. The Company also announced that its board of directors declared a first quarter distribution of $0.32 per share, which will be payable on March 31, 2023 to holders of record as of March 17, 2023.
By New Mountain Finance Corporation · Via Business Wire · February 27, 2023