New Mountain increases secured revolver due 2019 to $110 million

By Angela McDaniels

Tacoma, Wash., March 29 – New Mountain Finance Corp. increased its senior secured revolving credit facility maturing June 4, 2019 to $110 million from $95 million on Wednesday, according to an 8-K filing with the Securities and Exchange Commission.

Goldman Sachs Bank USA, Morgan Stanley Bank, NA and Stifel Bank & Trust are the lenders with Goldman Sachs as administrative agent.

The New York-based closed-end, non-diversified and externally managed investment company’s investment objective is to generate current income and capital appreciation through the sourcing and origination of debt securities, including first- and second-lien debt, notes, bonds and mezzanine securities.

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