New Mountain Private Credit Fund Declares July Distribution, Reports NAV and Share Sales

What Happened
New Mountain Private Credit Fund filed an 8‑K on July 27, 2026 reporting a declared regular distribution and recent operational and financing metrics. The Board declared a $0.19 per share distribution on July 21, 2026 payable on or about August 31, 2026 to holders of record as of July 31, 2026. The filing also discloses the fund’s June 30, 2026 net asset value (NAV) per share of $23.12 and that the Company sold 8,651 common shares in its continuous private offering for aggregate consideration of approximately $200,000 (price per share $23.12, final share count determined July 27, 2026).

Key Details

• Distribution: $0.19 per share declared July 21, 2026; record date July 31, 2026; payable on or about August 31, 2026. Shareholders may receive cash or reinvest via the distribution reinvestment plan.
• Private offering: 8,651 shares issued in July 2026 for about $200,000; the offering is ongoing monthly and was conducted under exemptions (Section 4(a)(2) and Rule 506 of Regulation D).
• NAV and portfolio: NAV per share $23.12 as of June 30, 2026; aggregate NAV ≈ $955.5 million; investment portfolio fair value ≈ $1,827.6 million.
• Leverage and debt capacity: Principal debt outstanding ≈ $911.0 million; average debt‑to‑equity leverage in June 2026 ≈ 1.00x; committed debt capacity ≈ $1,510.0 million (100% floating rate based on drawn amounts — 76% secured, 24% unsecured). Note: certain notes are shown as floating due to interest rate swaps.

Why It Matters
The filing gives investors a snapshot of the fund’s recent cash return to shareholders (the $0.19 distribution), current per‑share NAV, balance‑sheet leverage and available borrowing capacity, and ongoing capital raising through the private offering. These items are relevant for assessing the fund’s income distribution, capital structure and potential for future distributions or share issuance dilution. The disclosure that committed leverage is fully floating and the use of swaps to convert fixed to floating payments can affect the fund’s sensitivity to interest‑rate changes.