8-K: Current report
Published on May 5, 2025
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
(Exact name of Registrant as specified in its charter)
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(I.R.S. Employer Identification No.) |
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None
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
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Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
| N/A | N/A | N/A |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
| Item 1.01. | Entry into a Material Definitive Agreement. |
On April 29, 2025, New Mountain Private Credit Fund SPV I, L.L.C., (“NEWCRED SPV”), a wholly owned subsidiary of New Mountain Private Credit Fund (the “Company”), and the Company entered into the First Amendment (the “First Amendment”) to the First Amended and Restated Credit Agreement (together with the exhibits and schedules thereto, the “Credit Agreement”) by and among NEWCRED SPV, as borrower, the Company, as equityholder and as collateral manager, the lenders from time to time party thereto, GS ASL LLC, as administrative agent, Goldman Sachs Bank USA, as syndication agent, and Western Alliance Trust Company, N.A., as collateral administrator, collateral agent and collateral custodian. Unless otherwise defined, the terms herein shall have the meaning ascribed to them in the Credit Agreement.
The First Amendment amended the Credit Agreement to, among other things amend the Target Utilization Percentage and the calculation of the Non-Utilization Fees.
The foregoing description of the First Amendment is qualified in its entirety by reference to a copy of the First Amendment, which will be filed as an exhibit to the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ending March 31, 2025.
| Item 2.03. | Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. |
The disclosure set forth above under Item 1.01 is incorporated by reference herein
| Item 9.01. | Financial Statements and Exhibits. |
d) Exhibits.
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Exhibit Number |
Description | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| NEW MOUNTAIN PRIVATE CREDIT FUND | ||
| By: | /s/ Eric Kane | |
| Name: | Eric Kane | |
| Title: | Corporate Secretary | |
Date: May 5, 2025
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