New Mountain Finance

New Mountain Finance announces a private placement of unsecured senior notes totaling $150 million: $40 million fixed-rate tranche A (coupon 7.28%, maturity 2028), $35 million fixed-rate tranche B (7.76%, maturity 2031) and $75 million variable-rate tranche C (maturity 2031). Closing is expected on or about June 18, 2026; issuances are to be completed by October 1, 2026. Net proceeds are intended for general corporate purposes, including investments and repayment of existing indebtedness. The stock is trading near its 52‑week low; the company reports total debt of $1.33 billion and a dividend yield of 12.77%. Q1 results (EPS $0.32) met expectations, while revenues were slightly below forecast. » More on de.investing.com

New Mountain Finance reported for Q1 2026 a strategic realignment with disposals of around $470m and share buybacks, which, despite met earnings metrics, led to a decline in net asset value to $10.92 per share. Total investment income was slightly below expectations, but adjusted net investment income covered the quarterly dividend; the investment adviser voluntarily waived an incentive fee of $6.1m. Management emphasized a defensive growth strategy and strong credit metrics (91% of the portfolio » More on de.investing.com

New Mountain Finance completed the sale of portfolio holdings totaling about $468m, which were sold at 94% of their fair value as of 31 Dec. 2025; buyers were several Eagle Credit vehicles. At the same time, the credit and security agreement with Wells Fargo was amended: the revolving maturity was extended to March 2029 and the facility maturity to March 2031, and the spread was reduced from 1.95% to 1.85%. In Q4 2025 the company posted EPS of $0.32 (in line with estimates) but missed revenue expectations, reporting $77.38m versus $82.53m expected; the stock trades near its 52-week low and carries a 16.2% dividend yield. » More on de.investing.com

New Mountain Finance reported Q4 2025 earnings per share of $0.32 (in line with expectations), but revenue was $77.38 million, 6.24% below the expected $82.53 million. Net asset value fell to $11.52 per share (down 4.5% from the prior quarter). Management plans to sell $477 million of assets to a vehicle backed by Coller Capital; the stock dropped about 3.5% in premarket trading and was trading near its 52-week low. » More on de.investing.com

New Mountain Finance reported Q3 2025 EPS of $0.32, meeting analysts' expectations, while revenue of $80.53 million missed the projected $85.06 million. The stock slipped 0.36% to $9.65 after the figures, and net asset value fell to $12.06. The company is considering a potential portfolio sale of $500 million, has launched a $100 million share buyback program, and will pay a $0.32 dividend for Q4 2025. » More on de.investing.com