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24.02.26 - 22:27
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New Mountain Finance Corporation Announces December 31, 2025 Financial Results (Business Wire)
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Reports Fourth Quarter Net Investment Income of $0.32 per Share and Declares a First Quarter Distribution of $0.32 per ShareNEW 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 and year ended December 31, 2025.
Fourth Quarter and Recent Highlights1
Net investment income of $33.0 million, or $0.32 per weighted average share
Net asset value of $11.52 per share compared to $12.06 per share as of September 30, 2025
Signed a definitive agreement (the "Secondary Sale") to sell $477 million of assets to a third party at 94% of December 31, 2025 fair value for the purposes of increasing portfolio diversification, reducing PIK income and enhancing financial flexibility
New Mountain plans to permanently reduce NMFC's incentive fee to 15% over an 8% hurdle at the expiration of the dividend protection program, effectively making the program permanent
~95% of the ...
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