New Mountain Finance Corporation

10/16/2024 | Press release | Distributed by Public on 10/16/2024 14:16

Material Agreement Form 8 K

Item 1.01. Entry into a Material Definitive Agreement.

On October 11, 2024, New Mountain Finance Corporation (the "Company") entered into the Twelfth Amendment to Loan and Security Agreement (the "Twelfth Amendment"), which amended the Third Amended and Restated Loan and Security Agreement, dated as of October 24, 2017 (together with the exhibits and schedules thereto, the "Holdings Credit Facility"), by and among New Mountain Finance Holdings, L.L.C., as borrower, the Company, as collateral manager, Wells Fargo Bank, National Association ("Wells Fargo"), as administrative agent and swingline lender, the lenders party thereto from time to time, and Wells Fargo, as collateral custodian. Unless otherwise indicated, the terms used below have the meanings ascribed in the Twelfth Amendment.

The Twelfth Amendment amended the Holdings Credit Facility to modify the calculation of the Non-Usage Fee Rate that may be payable by the Company at various points during the term of the Holdings Credit Facility.

The description above is qualified in its entirety by reference to the copy of the Twelfth Amendment, which will be filed as an exhibit to the Company's Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2024.