Tender Offer - New Mountain Finance Corp
Form Type: SC TO-I/A
Filing Date: 2025-02-26
Corporate Action: Tender-offer
Type: Update
Accession Number: 000158064225001141
Filing Summary: New Mountain Finance Corporation has amended its Tender Offer Statement under Schedule TO regarding its offer to purchase up to $260,000,000 of its 7.50% Convertible Notes due 2025. The Tender Offer expired on February 19, 2025, with $1,216,000 of the Notes, approximately 0.47% of the total, being validly tendered and accepted for purchase. The amendment reports the final results of this tender offer. After settlement, approximately $258,784,000 of the Notes will remain outstanding.
Additional details:
Issuer: New Mountain Finance Corporation
Title Of Class Securities: 7.50% Convertible Notes due 2025
Cusip Number: 647551 AE0
Tender Offer Expiration: 2025-02-19
Aggregate Principal Tendered: 1,216,000
Percentage Of Outstanding Notes Tendered: 0.47%
Remaining Principal Amount Outstanding: 258,784,000
Form Type: SC TO-I
Filing Date: 2025-01-21
Corporate Action: Tender-offer
Type: New
Accession Number: 000158064225000374
Filing Summary: New Mountain Finance Corporation filed a Tender Offer Statement under Schedule TO on January 21, 2025, to purchase up to $260,000,000 principal amount of its outstanding 7.50% Convertible Notes due 2025. The company will pay cash equal to $1,010 for each $1,000 principal amount of the notes tendered, exclusive of accrued interest. The offer is set to expire on February 19, 2025, unless extended or terminated. The filing includes exhibits such as the Cover Letter to the Offer to Purchase and the Offer to Purchase itself, which detail more information regarding the offer, the purpose, market conditions, and the source of funds for the transaction. In addition, as of the filing date, no notes are held by the company or its executives, and the offer is compliant with SEC regulations regarding issuer tender offers.
Additional details:
Type Of Offer: issuer
Tender Offer Price: $1,010 per $1,000 principal amount
Total Principal Amount: $260,000,000
Expiration Date: 2025-02-19
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