New Mountain Finance to price public sale of 3 million common shares

Funds used for new investments in portfolio companies, working capital

By Devika Patel

Knoxville, Tenn., Dec. 3 - New Mountain Finance Corp. said it will sell 3 million common shares in a public offering with a greenshoe of 450,000 additional shares.

Goldman, Sachs & Co. and Wells Fargo Securities, LLC are the joint lead bookrunning managers. RBC Capital Markets, LLC and Stifel, Nicolaus & Co., Inc. are the co-lead managers.

Proceeds will be used for new investments in portfolio companies and for other general corporate purposes, including to debt repayment and other working capital needs.

New Mountain is a New York investment company.

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