New Mountain Finance Corporation reported net investment income of $0.32 per weighted average share for Q4 2024, with a net asset value of $12.55 per share. The company maintained strong credit performance, with approximately 97% of its portfolio rated green, and reduced its statutory debt/equity to 1.15x. A first quarter 2025 distribution of $0.32 per share was declared.
Net investment income for Q4 2024 was $34.5 million, or $0.32 per weighted average share.
Net asset value per share was $12.55 as of December 31, 2024.
The company maintained strong credit performance, with approximately 97% of the portfolio rated green.
Statutory debt/equity was reduced to 1.15x (or 1.11x net of available cash).
New Mountain Finance Corporation anticipates continued focus on strategic priorities in 2025, including diversifying top positions, optimizing liabilities, and exiting PIK positions, building on a strong start to the year with the partial exit of UniTek.
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