NMFC News and Press, New Mountain Finance Corporation From 02/13/24

2024-02-13 07:15:00 ET Summary Ares Capital reported strong Q4 results, with core EPS rising and NAV per share increasing. That being said, the outlook is less stellar. We delve into why ARCC is likely going to deliver weak returns to shareholders moving forward. Are...

2024-01-31 18:58:00 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...

2024-01-25 17:52:26 ET More on New Mountain Finance New Mountain Finance: Reduced Income Potential In 2024 (Rating Downgrade) NMFCZ: New Mountain Finance Now Has Tradeable Note Available New Mountain Finance Q3 2023 Earnings Call Transcript New Mountain Finan...

New Mountain Finance Corporation (the “Company,” “we,” “us” or “our”) (Nasdaq: NMFC) today announced that it has priced an underwritten public offering of $300 million in aggregate principal amount of 6.875% unsecured notes due 2029 (the &#x...

2024-01-18 10:08:00 ET More on New Mountain Finance New Mountain Finance: Reduced Income Potential In 2024 (Rating Downgrade) NMFCZ: New Mountain Finance Now Has Tradeable Note Available New Mountain Finance declares special distribution, announces extension of stock...

New Mountain Finance Corporation (NASDAQ: NMFC) (“NMFC”, “the Company”, “we” or “our”) today announced its preliminary estimates of its financial condition and results of operations as of and for the three months ended December 31, 2023, whi...

New Mountain Finance Corporation (NASDAQ: NMFC) (“New Mountain” or “the Company”) announced today that it will release its financial results for the quarter and year ended December 31, 2023 on Monday, February 26, 2024 after markets close. The Company will host an earn...

2024-01-01 23:49:11 ET Summary New Mountain Finance is a business development company with a senior secured lending focus and a 10% yield. The company's stock classification has been downgraded to Hold due to a 1.5% non-accrual ratio and potential interest rate headwinds. The ...

2023-12-22 22:28:07 ET Summary We take a look at the action in business development companies through the third week of December and highlight some of the key themes we are watching. BDCs had a good week with a total return of around 1.5%, but underperformed the broader income mar...

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. ...