New Mountain Finance raises $150M in senior notes at 7.28%-7.76% fixed and SOFR+3.66% floating

Filed June 18, 2026 · Period ending June 18, 2026 · ~1 min read

Key Changes

• high

  NMFC issued $150M in senior unsecured notes across three tranches: $40M at 7.28% due 2028, $35M at 7.76% due 2031, and $75M floating at SOFR+3.66% due 2031, increasing leverage and interest expense.

  Item 8.01 — Other Events verify on EDGAR →
• medium

  Proceeds will fund general corporate purposes including new portfolio investments and repaying existing debt, standard capital management for a business development company.

  Item 8.01 — Other Events verify on EDGAR →
• medium

  Fixed tranches pay interest semi-annually while the floating tranche pays quarterly at Term SOFR plus 3.66%, exposing the company to rising short-term rates on half the issuance.

  Item 8.01 — Other Events verify on EDGAR →