NMFC News and Press, New Mountain Finance Corporation From 12/21/23

2023-12-21 07:58:19 ET Summary The Fed's pivot towards rate cuts raises concerns about the performance of floating-rate assets and suggests a move along the yield curve. BDC baby bonds are attractive assets due to their decent quality, fixed coupons and relatively low durations. ...

2023-12-19 22:10:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2023-12-17 03:38:55 ET Summary We take a look at the action in preferreds and baby bonds through the second week of December and highlight some of the key themes we are watching. Preferreds finished lower as Treasury yields slightly backed up, but most sectors remained positive fo...

2023-12-13 16:42:51 ET More on New Mountain Finance NMFCZ: New Mountain Finance Now Has Tradeable Note Available New Mountain Finance appoints CFO New Mountain Finance prices public offering of $115M 8.250% notes due 2028 For further details see: New Moun...

New Mountain Finance Corporation (NASDAQ: NMFC) (“NMFC” or “the Company”) today announced that on December 8, 2023, its board of directors declared a special distribution of the Company’s excess undistributed taxable income. The special distribution will be in t...

2023-12-04 16:31:07 ET Summary November saw one new preferred stock offering and three new ETD offerings, with dividend yields ranging from 7.5% to 9.875%. CDx3 preferreds ranked 10 out of 10 are selling for an average discount to par of about 6% and offer an average current yield...

2023-12-04 07:30:00 ET Summary New Mountain Finance Corporation is a business development company that invests in middle market companies in "defensive growth" industries. NMFC issued the NMFCZ Note due in late 2028 with a coupon of 8.25%.  After reviewing both the common and...

2023-11-23 06:11:34 ET More on New Mountain Finance 10%-Yielding New Mountain Finance: A Solid Bet Amidst Higher Rates New Mountain Finance (NMFC) Q3 2023 Earnings Call Transcript New Mountain Finance 2023 Q3 - Results - Earnings Call Presentation New Mountai...

New Mountain Finance Corporation (NASDAQ: NMFC) (“New Mountain”), the publicly traded credit BDC arm of New Mountain Capital, today announced the appointment of Kris Corbett as Chief Financial Officer, effective November 27, 2023. “We are pleased to welcome Kris Corbett t...

2023-11-06 17:38:14 ET More on New Mountain Finance New Mountain Finance (NMFC) Q3 2023 Earnings Call Transcript New Mountain Finance 2023 Q3 - Results - Earnings Call Presentation 10%-Yielding New Mountain Finance: A Solid Bet Amidst Higher Rates New Mountai...