New Mountain Finance Corporation Completes $86.25M Convertible Notes Offering

New Mountain Finance Corporation Completes $86.25M Convertible Notes Offering

  

Fried Frank acted as counsel to Morgan Stanley and Wells Fargo Securities, as bookrunners, in New Mountain Finance Corporation's offering of US$86.25 million aggregate principal amount of 5.75% convertible notes due 2023, including the full amount of the overallotment option exercised by the underwriters. New Mountain Finance Corporation is a closed-end, non-diversified management investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940.

The Fried Frank team was led by corporate partner Joshua Wechsler and included corporate partner Jessica Forbes, tax partner Joseph E. Fox, corporate special counsel Martin A. Hewitt and Dave N. Rao, and corporate associates Kimberly L. Barr and Carole J. Rosenberg.

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