New Mountain Finance

New Mountain Finance Corp. is a private equity fund and close-eneded non-diversified management investment company. It invests in middle-market companies. The firm targets companies operating in the fields of business services, consumer services, education, federal services, healthcare facilities, healthcare information technology, healthcare services, industrial services, and information services. It also provides financing primarily in the form of debt, mezzanine, and also considers equity interest. The company was founded on June 29, 2010 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

NMFC reports strong Q3 earnings, focuses on portfolio optimization

NMFC's Q3 performance reflects robust income generation and stable asset quality, underpinned by a strategic focus on defensive sectors.
While challenges like NAV decline and dividend decisions persist, proactive measures to optimize the portfolio and capital structure signal resilience.
Opportunities lie in enhancing shareholder value through strategic initiatives and leveraging diversified investments for sustainable growth.

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New Mountain Finance (NASDAQ:NMFC) Q4 2023 Results Conference Call February 27, 2024 10:00 AM ET

New Mountain Finance (NMFC) Q4 2023 Earnings Call Transcript

New Mountain Finance (NMFC) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.35 per share a year ago.

New Mountain Finance (NMFC) Beats Q4 Earnings Estimates

NEW YORK--(BUSINESS WIRE)--New Mountain Finance Corporation (NASDAQ: NMFC) (“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.

New Mountain Finance Corporation Announces Financial Results for the Quarter and Year Ended December 31, 2023

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a BBB- rating to New Mountain Finance Corporation's (NASDAQ: NMFC) ("New Mountain" or "the company") $300 million 6.875% senior unsecured notes due February 1, 2029. The rating Outlook is Stable. The proceeds will primarily be used to redeem the $116.5 million of outstanding notes due April 2024 and to paydown a revolving credit facility. Key Credit Considerations The rating and Stable Outlook are supported by New Mountain Finance Corporation's ties to Ne.

KBRA Assigns Rating to New Mountain Finance Corporation's $300 Million 6.875% Senior Unsecured Notes Due 2029

NEW YORK--(BUSINESS WIRE)--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”). The Notes will mature on February 1, 2029, and may be redeemed in whole or in part at the Company's option at any time prior to January 1, 2029, at par plus a “make-whole” premium, and thereafter at par plus accrued interest.

New Mountain Finance Corporation Prices Public Offering of $300 Million 6.875% Notes Due 2029

NEW YORK--(BUSINESS WIRE)--New Mountain Finance Corporation (NASDAQ: NMFC) (“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. We estimate that our net investment income per share for the three months ended December 31, 2023 was between $0.39 per share and $0.40 per share, calculated using 101,638,346 weighted avera.

New Mountain Finance Corporation Announces Preliminary Estimates of Fourth Quarter 2023 Operating Results

NEW YORK--(BUSINESS WIRE)--New Mountain Finance Corporation (NASDAQ: NMFC) (“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,.

New Mountain Finance Corporation Schedules its Fourth Quarter and Year Ended December 31, 2023 Earnings Release and Conference Call

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BDC Weekly Review: Is PIK A Cause For Concern?

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A Look At The New 8%+ Yielding BDC Baby Bonds

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We take a look at the action in preferreds and baby bonds through the second week of December and highlight some of the key themes we are watching. Preferreds finished lower as Treasury yields slightly backed up, but most sectors remained positive for the month. Investors should consider lower-coupon preferreds to mitigate redemption risk and leave room for a rally if rates continue to decrease.

Preferreds Weekly Review: Rate Rally Shines Light On Call Risk

NEW YORK--(BUSINESS WIRE)--New Mountain Finance Corporation (NASDAQ: NMFC) (“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 Midstr.

New Mountain Finance Corporation Declares a Special Distribution and Announces the Extension of its Stock Repurchase Program

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Business development companies should withstand 2024 economic slowdown, but credit conditions will weaken, Fitch says

NEW YORK--(BUSINESS WIRE)--New Mountain Finance Corporation (NASDAQ: NMFC) (“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. “We are pleased to welcome Kris Corbett to the New Mountain credit team,” said John R. Kline, Chief Executive Officer of New Mountain Finance Corporation. “Kris has deep domain experience in the direct lending industry and extensive experien.

New Mountain Finance Corporation Appoints Kris Corbett as Chief Financial Officer

NEW YORK--(BUSINESS WIRE)--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”). The Notes will mature on November 15, 2028, and may be redeemed in whole or in part at any time or from time to time at the Company's option on or after November 15, 2025. The Notes will bear interest at a rate of 8.250% p.

New Mountain Finance Corporation Prices Public Offering of $115.0 Million 8.250% Notes Due 2028

New Mountain Finance (NASDAQ:NMFC ) Q3 2023 Earnings Conference Call November 3, 2023 11:00 AM ET Company Participants John Kline – President and Chief Executive Officer Steve Klinsky – Chairman Laura Holson – Chief Operating Officer and Interim Chief Financial Officer Conference Call Participants Finian O'Shea – Wells Fargo Bryce Rowe – B. Riley Paul Johnson – KBW Operator Good morning, everyone, and welcome to the New Mountain Finance Corporation's Third Quarter 2023 Earnings Conference Call.

New Mountain Finance (NMFC) Q3 2023 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--New Mountain Finance Corporation (NASDAQ: NMFC) (“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 di.

New Mountain Finance Corporation Announces Third Quarter Financial Results

NEW YORK--(BUSINESS WIRE)--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 an.

New Mountain Finance Corporation Schedules its Third Quarter 2023 Earnings Release and Conference Call

New Mountain Finance has a stable NAV/share and a healthy portfolio, outperforming the S&P 500 in total returns over the past 5 years. NMFC benefits from higher interest rates and has a healthy balance sheet, making it an attractive investment for high income seekers. It pays a well-covered regular dividend with capacity for special dividends, and trades at a discount to NAV.

10%-Yielding New Mountain Finance: A Solid Bet Amidst Higher Rates

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BDC Weekly Review: What Will Happen To BDCs When Rates Move Lower?

New Mountain Finance Corporation (NASDAQ:NMFC ) Q2 2023 Earnings Conference Call August 8, 2023 12:00 PM ET Company Participants John Kline - President and Chief Executive Officer Laura Holson - Chief Operating Officer, Chief Financial Officer, and Treasurer Steve Klinsky - Chairman Conference Call Participants Bryce Rowe - B. Riley Securities Ryan Lynch - Keefe Bruyette & Woods Operator Hello and welcome to the New Mountain Finance Corporation's Second Quarter 2023 Earnings Call.

New Mountain Finance's (NMFC) Q2 2023 Earnings Call Transcript

New Mountain Finance (NMFC) came out with quarterly earnings of $0.39 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.31 per share a year ago.

New Mountain Finance (NMFC) Q2 Earnings Match Estimates

NEW YORK--(BUSINESS WIRE)--New Mountain Finance Corporation (NASDAQ: NMFC) (“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 decl.

New Mountain Finance Corporation Announces Second Quarter Financial Results

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Oaktree Or New Mountain For Solid 11% Yield?

News for New Mountain Finance ETF (NMFC)