New Mountain Private Credit Fund 8-K

What Happened
New Mountain Private Credit Fund filed an 8-K on Dec. 19, 2025 disclosing that its wholly owned subsidiary, New Mountain Private Credit Fund SPV I, L.L.C. ("NEWCRED SPV"), and the Company entered into a Second Amendment to the First Amended and Restated Credit Agreement on Dec. 17, 2025. The amendment changes key loan terms for the credit facility managed by the Company and administered by GS ASL LLC, with Goldman Sachs Bank USA as syndication agent and Western Alliance Trust Company as collateral administrator/agent/custodian.

Key Details

• Amendment date: December 17, 2025; 8-K filed December 19, 2025.
• Reinvestment Period Date extended from December 2027 to December 2028.
• Facility Maturity Date extended from December 2029 to December 2030.
• Spread on the facility reduced from S + 2.20% to S + 1.75%.
• All other terms of the Credit Agreement remain in full force and effect.
• The filing also reports the amendment as creating/modifying a direct financial obligation tied to the SPV and the Company.

Why It Matters
For investors, the amendment gives the fund more time to deploy or manage portfolio investments (one-year longer reinvestment window) and extends access to the credit facility by one year, while lowering the interest margin on outstanding borrowings (reducing borrowing cost). These changes can affect liquidity flexibility and financing costs for the fund’s portfolio operations. A copy of the Second Amendment will be included as an exhibit to the Company’s 2025 Form 10-K.