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New Mountain Finance SPV adds, extends loan and security agreement
Chicago, Dec. 6 – NMF SLF I, Inc. entered into a third amendment to a loan and security agreement with administrative agent Wells Fargo Bank, NA on Dec. 1, according to an 8-K filing with the Securities and Exchange Commission.
NMF SLF I SPV, LLC is the borrower. New Mountain Finance Advisers BDC, LLC is the collateral manager.
The amendment extends the facility maturity date to December 2028, three years beyond the December 2025 maturity date.
Further, the maximum facility is now $600 million instead of $450 million.
New Mountain is based in New York.
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