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New Mountain Finance Corp (NMFC) USD0.01

Sell:$12.67 Buy:$12.68 Change: $0.095 (0.75%)
NASDAQ:0.12%
Market closed |  Prices as at close on 28 March 2024 | Switch to live prices |
Ex-dividend
Sell:$12.67
Buy:$12.68
Change: $0.095 (0.75%)
Market closed |  Prices as at close on 28 March 2024 | Switch to live prices |
Ex-dividend
Sell:$12.67
Buy:$12.68
Change: $0.095 (0.75%)
Market closed |  Prices as at close on 28 March 2024 | Switch to live prices |
Ex-dividend
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Business summary

New Mountain Finance Corporation is a business development company focused on providing direct lending solutions to United States middle market companies backed by private equity sponsors. Its investment objective is to generate current income and capital appreciation through the sourcing and origination of senior secured loans and select junior capital positions, to growing businesses in defensive industries that offer attractive risk-adjusted returns. It makes investments through both primary originations and open-market secondary purchases. It invests a significant portion of its portfolio in unitranche loans, which are loans that combine both senior and subordinated debt, generally in a first lien position. The Company invests in various sectors, such as software, business services, healthcare, education, consumer services, distribution and logistics, packaging, financial services, and others. New Mountain Finance Advisers BDC, L.L.C. is the investment adviser of the Company.

Contact details

Address:
1633 Broadway
787 SEVENTH AVENUE, 48TH FLOOR
NEW YORK
10019
United States
Telephone:
+1 (212) 7200300
Website:
www.newmountainfinance.com

Important dates

Future events
There are no future events available.
Past events
There are no past events available.

General stock information

Short code:
NMFC
ISIN:
US6475511001
Market cap:
$1.27 billion
Shares in issue:
102.88 million
Sector:
Asset Management & Custody Banks
Exchange:
NASDAQ
Country:
United States
Currency:
US dollar
Indices:
NASDAQ Comb. Composite

Key personnel

  • Steven Klinsky
    Chairman of the Board
  • John Kline
    President, Chief Executive Officer, Director
  • Robert Hamwee
    Vice Chairman of the Board
  • Kris Corbett
    Chief Financial Officer, Treasurer
  • Laura Holson
    Chief Operating Officer
  • Adam Weinstein
    Executive Vice President, Chief Administrative Officer, Director
  • Joseph Hartswell
    Chief Compliance Officer, Company Secretary

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by Reuters.

Share

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.