11/05/2024 | Press release | Distributed by Public on 11/05/2024 15:58
Item 1.01. | Entry into a Material Definitive Agreement. |
On November 1, 2024 NMF SLF I, Inc. (the "Company") entered into Amendment No. 4 to the Loan and Security Agreement (the "Fourth Amendment") by and among New Mountain Finance Advisers, L.L.C. (formerly known as New Mountain Finance Advisers BDC, L.L.C.), as collateral manager, NMF SLF I SPV, L.L.C., as borrower, the Company, as equityholder and seller, Wells Fargo Bank, National Association, as administrative agent, swingline lender, and collateral custodian (the "Wells Fargo Credit Facility"). Unless otherwise indicated, the terms used below have the meanings ascribed in the Fourth Amendment.
The Fourth Amendment amended the Wells Fargo Credit Facility to, among other things, (i) extend the Facility Maturity Date from December 2028 to November 2029; and (ii) increase the maximum facility amount from $600,000,000 to $700,000,000.
The foregoing description is only a summary of the material provisions of the Fourth Amendment and is qualified in its entirety by reference to the copy of the Fourth 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.