New Mountain Finance 5.75% Notes due 2023

By: ,

Date Issued   9/20/2018

Shares Issued   2,000,000   Overallotment   300,000

S&P Rating  NR    Moodys   NR

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Security Ticker Symbol   NMFX

Market Traded ON   NYSE

Interest Payment Paid on the 1st of January, April, July and November  beginning on 1/1/2019

Quarterly Interest   .359   Annual Interest   1.44

Securities may be redeemed, at the issuers option, as early as 10/1/2020 for a redemption price of $25/share plus accrued interest

Interest Payment Will NOT be Qualified Distributions

Maturity Date   10/1/2025

 

Click Here to find the offering Prospectus

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Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
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