Close

New Mountain Finance (NMFC) Announces Additional Conv. Notes Offering

Go back to New Mountain Finance (NMFC) Announces Additional Conv. Notes Offering

New Mountain Finance (NMFC) Prices $35M Conv. Notes Offering

September 27, 2016 7:07 AM EDT

New Mountain Finance Corporation (NYSE: NMFC) announced the pricing of $35 million in aggregate principal amount of additional 5.00% unsecured convertible notes due 2019 (the Notes). In addition, the Company has granted the underwriters of the Notes an option to purchase up to an additional $5.25 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 September 30, 2016. The Notes constitute a further issuance of, rank equally in right of payment with, and form a single series with the $115 million in aggregate principal amount of... More