New Mountain Finance Corporation Announces Pricing of $100 Million of 5.75% Convertible Notes due 2023
New Mountain Finance Corporation (NMFC)
Last new mountain finance corporation earnings: 2/26 04:35 pm
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US:NYSE Investor Relations:
newmountainfinance.com
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Source: Business Wire
NEW YORK--(BUSINESS WIRE)-- New Mountain Finance Corporation (the “Company”) (NYSE:NMFC) announced today the pricing of $100.0 million in aggregate principal amount of its 5.75% unsecured convertible notes due 2023 (the “Notes”). In addition, the Company has granted the underwriter for the offering of the Notes an option to purchase up to an additional $15.0 million in aggregate principal amount of the Notes. The closing of the offering is subject to customary closing conditions and is expected to take place on August 20, 2018. The Notes will be convertible into shares of the Company’s common stock based on an initial conversion rate of 65.8762 shares of the Company’s common stock per $1,000 principal amount of Notes, which is equivalent to an initial conversion price of approximately $15.18 per share of common stock, representing a 10.0% conversion premium over the last reported sale price of the Compan
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NMFC
Earnings
- 2/26/24 - Beat
NMFC
Sec Filings
- 4/24/24 - Form 4
- 4/15/24 - Form 8-K
- 3/26/24 - Form DEFA14A
- NMFC's page on the SEC website