New MountainFinance Corp. plans to offer an additional $35 million of 5.00%unsecured convertible notes due June 15, 2019.

The company had issued $115 million of the notes in June 2014.The new notes form a single series with the earlier issuance.

New Mountain Finance expects to grant the underwriters anoption to purchase up to an additional $5.25 million of the notes.

The notes are convertible into common shares, and interestwill be payable semiannually in arrears on June 15 and Dec. 15 of each year,beginning in Dec. 15, 2016.

New Mountain Finance plans to use net proceeds from the saleto pay off other debt under its credit facilities. Through re-borrowing underthe facilities, the company intends to make new investments and use availablecapital for other general corporate purposes.

Wells Fargo Securities LLC, Goldman Sachs & Co. andMorgan Stanley & Co. LLC are joint book-running managers for the offering.