New Mountain Finance Corporation (NYSE:NMFC) Files An 8-K Results of Operations and Financial Condition

ME Staff 8-k
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New Mountain Finance Corporation (NYSE:NMFC) Files An 8-K Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition

Set forth below is a preliminary estimate of New Mountain Finance Corporation’s (“the Company”, “we” or “our”) net asset value per share as of March 31, 2017 and a preliminary estimate of our adjusted net investment income per share range for the three months ended March 31, 2017. The following estimates are not a comprehensive statement of our financial condition or results for the period from December 31, 2016 through March 31, 2017. We advise you that our actual results for the three months ended March 31, 2017 may differ materially from these estimates, which are given only as of April 3, 2017, as a result of the completion of our financial closing procedures, final adjustments and other developments, including changes in interest rates, changes in the businesses to which we have made loans or market and industry fluctuations, which may arise between now and the time that our financial results for the three months ended March 31, 2017 are finalized. This information is inherently uncertain.

As of April 3, 2017, we currently expect that the Company’s net investment income per share was between $0.33 and $0.34 for the three months ended March 31, 2017.

As of April 3, 2017, we estimate that our net asset value per share as of March 31, 2017 was approximately $13.50 to $13.60.

The preliminary financial estimates provided herein have been prepared by, and are the responsibility of, management. Neither Deloitte & Touche LLP, our independent registered public accounting firm, nor any other independent accountants, have audited, reviewed, compiled, or performed any procedures with respect to the accompanying preliminary financial data. Accordingly, Deloitte & Touche LLP does not express an opinion or any form of assurance with respect thereto and assumes no responsibility for, and disclaims any association with, this information.

The information disclosed under this Item 2.02 is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 and shall not be deemed incorporated by reference into any filing made under the Securities Act of 1933, except as expressly set forth by specific reference in such filing.


About New Mountain Finance Corporation (NYSE:NMFC)

New Mountain Finance Corporation is a closed-end, non-diversified management investment company. The Company’s investment objective is to generate current income and capital appreciation through the sourcing and origination of debt securities at all levels of the capital structure, including first and second lien debt, notes, bonds and mezzanine securities. Its investments may also include equity interests, such as preferred stock, common stock, warrants or options received in connection with its debt investments, or may include a direct investment in the equity of private companies. It makes investments through both primary originations and open-market secondary purchases. Its portfolio includes investments in various sectors, such as software, business services, education, distribution and logistics, federal services, consumer services, healthcare services, media and healthcare products. New Mountain Finance Advisers BDC, L.L.C. is the investment advisor of the Company.

New Mountain Finance Corporation (NYSE:NMFC) Recent Trading Information

New Mountain Finance Corporation (NYSE:NMFC) closed its last trading session up +0.05 at 14.95 with 540,160 shares trading hands.