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Msg  4004 of 4029  at  11/11/2023 7:53:42 PM  by

brehm233


coming soon NMFCZ

New Mountain Finance Corp 8.250% Notes Due 11/15/2028
Ticker Symbol: NMFCZ CUSIP: 647551308 Exchange: NGS
Security Type: Exchange-Traded Debt Security

QUANTUMONLINE.COM SECURITY DESCRIPTION: New Mountain Finance Corp 8.250% Notes Due 2028 redeemable at the issuer's option on or after 11/15/2025 at $25 per note plus accrued and unpaid interest, and maturing 11/15/2028.

Interest distributions of 8.25% per annum ($2.0625 per annum or $(0.515625 per quarter) will be paid quarterly on 2/15, 5/15, 8/15 & 11/15 to holders of record on the record date that will be (__) (NOTE: the ex-dividend date is one business day prior to the record date).

Distributions paid by these debt securities are interest and as such are NOT eligible for the preferential 15% to 20% tax rate on dividends and are also NOT eligible for the dividend received deduction for corporate holders.

Units are expected to trade flat, which means accrued interest will be reflected in the trading price and the purchasers will not pay and the sellers will not receive any accrued and unpaid interest.

This security was rated as Baa3 by Moody’s and NOT rated by S&P at the date of its IPO. This security was rated as BBB- by Fitch Ratings Co. at the date of its IPO. The Notes are unsecured and unsubordinated obligations of the company and will rank equally with all existing and future unsecured and unsubordinated indebtedness of the company. See the IPO prospectus for further information on the debt securities by clicking on the ‘Link to IPO Prospectus’ provided below.
Stock
Exchange Cpn Rate
Ann Amt LiqPref
CallPrice Call Date
Matur Date Moodys/S&P
Dated Distribution Dates 15%
Tax Rate
NGS
Chart 8.25%
$2.0625 $25.00
$25.00 11/15/2025
11/15/2028 Baa3 NR
11/07/2023 2/15, 5/15, 8/15 & 11/15
Click for MW ExDiv Date
Click for Yahoo ExDiv Date
No
Go to Parent Company's Record (NMFC)

Notes: The 8.25% Notes were issued on 11/06/2023 and are expected to begin trading on the Nasdaq Global Select Market within 30 days of their issue date. The shares may start interim trading on the Other OTC market but we are not aware that they have done so to date.


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