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Prospect News home > News index > List of issuers N > Headlines for New Mountain Finance Corp. > News item
Published on 10/28/2022 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

New Mountain plans tender offer for 5.75% convertible notes due 2023

By Mary-Katherine Stinson

Lexington, Ky., Oct. 28 – New Mountain Finance Corp. will use the proceeds from a new issue of three-year convertible notes to finance a tender offer for the company’s 5.75% convertible notes due 2023, according to a company news release.

If any proceeds remain, they will be used to repay other debt and for general corporate purposes.

New Mountain Finance is a New York-based business development company.


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