UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): October 7, 2024
New Mountain Guardian IV BDC, L.L.C.
(Exact name of registrant as specified in its charter)
Delaware | | 814-01528 | | 88-1377220 |
(State or other jurisdiction of incorporation or organization) | | (Commission File Number) | | (IRS Employer Identification Number) |
1633 Broadway, 48th Floor, | |
New York, New York | 10019 |
(Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code (212) 720-0300
None
(Former name or former address, if changed since last report)
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) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
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 x
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 October 7, 2024, New Mountain Guardian IV Holdings, L.L.C. (“GIV SPV”), wholly owned subsidiary of New Mountain Guardian IV BDC, L.L.C. (the “Company”) for which the Company is the managing member, and the Company entered into an amendment (the “Amendment”) to the Loan and Security Agreement (together with the exhibits and schedules thereto, the “Loan Agreement” and the facility thereunder the “Wells Fargo Facility”) by and among GIV SPV, as borrower, the Company, as seller, as equityholder and as collateral manager, Wells Fargo Bank, National Association, as the administrative agent and swingline lender, and Western Alliance Trust Company, N.A., as the collateral custodian. Unless otherwise defined, the terms herein shall have the meaning ascribed to them in the Amendment.
Pursuant to the Amendment, the Facility Amount available under the Loan Agreement was increased to a maximum of $500,000,000. All other terms of the Loan Agreement shall remain in full force and effect.
The foregoing description of the Amendment is qualified in its entirety by reference to a copy of such agreement, which will be filed as an exhibit to the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2024.
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.
Exhibit Number | | Description |
| |
104 | | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| NEW MOUNTAIN Guardian IV BDC, L.L.C. |
| |
| | |
Date: October 10, 2024 | By: | /s/ Joseph W. Hartswell |
| | Name: Joseph W. Hartswell |
| | Title: Chief Compliance Officer and Corporate Secretary |