New Mountain Finance Corp. Completes $100 Mln IPO
New Mountain Finance Corp. said Wednesday that it has closed its $100 million IPO. The closed-end investment company sold about 7.3 million shares at $13.75 each. Goldman, Sachs & Co., Wells Fargo Securities and Morgan Stanley are joint-lead bookrunners on the deal. Underwriters on the deal have the option to buy another 1.1 million of shares. New Mountain Finance, a BDC, is an affiliate of New Mountain Capital, the New York PE firm.
25 May 2011•4 mins read
