Earnings Call Summary | New Mountain Finance Corp(NMFC.US) Q4 2023 Earnings Conference
Earnings Call Summary | New Mountain Finance Corp(NMFC.US) Q4 2023 Earnings Conference
The following is a summary of the New Mountain Finance (NMFC) Q4 2023 Earnings Call Transcript:
以下是新山金融（NMFC）2023年第四季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
New Mountain Finance originated $142 million of assets in Q4, offset by $257 million of repayments and sales.
Total investment income for the year was $373.8 million, a 23% increase over the previous year.
Q4 adjusted net investment income was $0.40 per share, leading to a total dividend of $1.53 per share for the year.
The portfolio's average yield decreased to 10.9% due to a downward shift in the base rate curve.
However, leverage profile remained strong with 70% of the company's debt maturing in or after 2027.
New Mountain Finance在第四季度發起了1.42億美元的資產，被2.57億美元的還款和銷售所抵消。
該年度的總投資收入爲3.738億美元，比上年增長23％。
第四季度調整後的淨投資收益爲每股0.40美元，使該年度的總股息爲1.53美元。
由於基準利率曲線向下移動，該投資組合的平均收益率降至10.9％。
但是，槓桿率仍然強勁，該公司70％的債務將在2027年或之後到期。
Business Progress:
業務進展：
NMFC continues to focus on diversified non-cyclical sectors with reliable growth and strong revenue streams.
The team is anticipating increased M&A activity and an increase in deal flow in upcoming quarters, seeing strong potential opportunities for originating new first lien and unitranche loans.
The company also successfully extended both its Wells Fargo and Deutsche Bank credit facilities, and issued over $400 million of unsecured notes.
For 2024, the management confirmed a fee of 1.25% and aims to support the $0.32 per share regular quarterly dividend.
NMFC繼續專注於具有可靠增長和強勁收入來源的多元化非週期性行業。
該團隊預計，在接下來的幾個季度，併購活動將增加，交易流量將增加，這爲發放新的第一留置權和單位貸款提供了巨大的潛在機會。
該公司還成功延長了富國銀行和德意志銀行的信貸額度，併發行了超過4億美元的無抵押票據。
2024年，管理層確認了1.25％的費用，目標是支持每股0.32美元的定期季度股息。
More details: New Mountain Finance Corp IR
更多詳情： 新山金融公司投資者關係
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。