NEWTAIN FIN 24/29NEWTAIN FIN 24/29NEWTAIN FIN 24/29

NEWTAIN FIN 24/29

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US647551AF7 analysis



Key facts


Issue date
Feb 1, 2024
Maturity date
Feb 1, 2029
Outstanding amount
‪300.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
6.88% (Fixed)
Yield to maturity
7.07%
New Mountain Finance Corp., a traded business development company invests in upper middle market companies located in the United States. The fund targets companies operating in healthcare, other NMC power alleys, software, and business services sector. It provides equity and debt financing to senior secured loans and select junior capital positions. The company was founded on June 29, 2010 and is headquartered in New York, NY.
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