New Mountain Net Lease Trust 8-K

What Happened
New Mountain Net Lease Trust (a Maryland statutory trust) filed an 8-K on December 31, 2025 announcing two actions: it entered into a Second Amended and Restated Limited Partnership Agreement for NEWLEASE Operating Partnership LP to clarify certain redemption rights, and it declared distributions for each class of its common shares of beneficial interest for the period ending December 31, 2025.

Key Details

• The Amended Operating Partnership Agreement was executed on December 31, 2025 on behalf of the Company (as general partner) and its limited partners; it amends and restates the prior agreement to clarify redemption rights of the operating partnership.
• The Company declared a gross distribution of $0.1546 per share for all classes of Common Shares, payable in cash or reinvested under the distribution reinvestment plan.
• Net distributions after management fees by class:
  • Class I: gross $0.1546, management fee $0.0210, net $0.1336
  • Class F: gross $0.1546, management fee $0.0169, net $0.1377
  • Class A: gross $0.1546, management fee $0.0169, net $0.1377
  • Class E: gross $0.1546, no fee, net $0.1546
• Record date for the distributions is the close of business on December 31, 2025; payment is expected on or about January 9, 2026.

Why It Matters
Investors should note two investor-facing items: (1) the amended operating partnership agreement clarifies redemption rights in the operating partnership, which affects partner liquidity and the contractual framework governing the operating partnership; and (2) the declared December 2025 distributions specify exact gross and net per-share amounts by share class and the payment timing, so shareholders can expect the stated cash payment or reinvestment on or about January 9, 2026 if they were holders of record on December 31, 2025.