New Mountain Finance lifts availability under revolver to $80 million

By Toni Weeks

San Luis Obispo, Calif., Jan. 5 – New Mountain Finance Corp. amended its senior secured revolving credit facility due June 4, 2019, increasing the amount of borrowings available under the facility to $80 million from $50 million, according to an 8-K filing with the Securities and Exchange Commission.

The amendment was made on Dec. 29 with Goldman Sachs Bank USA as administrative agent, syndication agent and lender and Morgan Stanley Bank, NA as lender.

New Mountain is a New York-based closed-end, non-diversified and externally managed investment company.

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