New Mountain Finance Corp. issued on Jan. 30 $90 million of 4.87% series 2018A senior notes due Jan. 30, 2023, to institutional investors in a private placement pursuant to its amended and restated note purchase agreement dated Sept. 30, 2016.
Interest on the notes will be paid semiannually on Feb. 15 and Aug. 15 of each year, starting Aug. 15.
The notes have the same terms as the $90 million in 5.313% senior notes due May 15, 2021, and $55 million in 4.760% series 2017A senior notes due July 15, 2022, previously issued by the company.
