New Mountain Finance Corporation Announces Secondary Offering of 4M Shares on Behalf of Selling Stockholder
New Mountain Finance Corporation (NYSE: NMFC) announced today that it has commenced an underwritten secondary public offering of approximately 4 million shares of its common stock on behalf of a selling stockholder, New Mountain Finance AIV Holdings Corporation (“AIV Holdings”). In connection with the proposed offering, AIV Holdings intends to grant the underwriters for the offering an option to purchase up to an additional 600,000 shares of common stock. No shares are being sold by the Company, and it will not receive any proceeds from this offering.
The joint-lead book-running managers for the offering are Goldman, Sachs & Co., Wells Fargo Securities, LLC and Morgan Stanley & Co. LLC.
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