New Mountain Guardian IV Income Fund, L.L.C. 8-K

What Happened

• On January 15, 2026, New Mountain Guardian IV Income Fund, L.L.C. disclosed that its wholly owned subsidiary, New Mountain Guardian IV Income Fund SPV, L.L.C. (GIV Income SPV), entered into a Loan and Security Agreement (the Wells Fargo Credit Facility) with Wells Fargo Bank, N.A. (administrative agent and swingline lender) and Western Alliance Trust Company, N.A. (collateral custodian). The facility has a $50.0 million maximum commitment and matures in January 2031. This creates a new direct financial obligation for the Company.
• Also on January 15, 2026, director Alfred F. Hurley, Jr. notified the board of his retirement (he had served since 2022). The board appointed Daniel B. Hébert (age 69) as a director effective the same date; Hébert will join the Audit, Nominating and Corporate Governance, and Valuation Committees.

Key Details

• Date of agreements and changes: January 15, 2026.
• Credit facility size and term: up to $50 million, maturity January 2031.
• Parties: borrower — GIV Income SPV; administrative agent/swingline lender — Wells Fargo Bank, N.A.; collateral custodian — Western Alliance Trust Company, N.A.
• Board changes: Alfred F. Hurley, Jr. retired (no disagreement with Company); Daniel B. Hébert appointed, CEO of 777 Securities, LLC since Sept 2018; no related-party or family relationships disclosed.

Why It Matters

• Liquidity and leverage: The new $50M Wells Fargo facility gives the fund additional financing capacity for investments or operations and represents a material new debt obligation that investors should monitor for its impact on leverage, interest expenses and liquidity.
• Governance and oversight: The retirement of an existing director and appointment of Daniel Hébert — an experienced broker‑dealer executive who will serve on key committees — may affect board oversight, especially audit and valuation practices. The filing notes no disagreements or related-party concerns.