New Mountain Finance to price public sale of 2 million common shares

Goldman, Sachs, Wells Fargo Securities, Morgan Stanley are assisting

By Devika Patel

Knoxville, Tenn., March 19 - New Mountain Finance Corp. said it plans to price a public offering of 2 million common shares.

Goldman, Sachs & Co., Wells Fargo Securities, LLC and Morgan Stanley & Co. LLC are the joint-lead bookrunning managers. Robert W. Baird & Co. Inc. and Keefe, Bruyette & Woods, Inc. are the co-lead managers, and BB&T Capital Markets, Janney Montgomery Scott LLC and Oppenheimer & Co. Inc. are the co-managers.

Proceeds will be used to acquire common membership units from New Mountain Finance Holdings, LLC, which, in turn, intends to use the proceeds for new investments in portfolio companies and other general corporate purposes.

New Mountain is a New York investment company.

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