Home/Filings/8-K/0001580642-26-000289
8-K//Current report

New Mountain Guardian IV BDC, L.L.C. 8-K

Accession 0001580642-26-000289

CIK 0001925531operating

Filed

Jan 15, 7:00 PM ET

Accepted

Jan 16, 4:54 PM ET

Size

191.0 KB

Accession

0001580642-26-000289

Research Summary

AI-generated summary of this filing

Updated

New Mountain Guardian IV BDC Amends Loan Facility; Director Replacement

What Happened
New Mountain Guardian IV BDC, L.L.C. filed an 8-K disclosing Amendment No. 3 (dated January 13, 2026) to the Loan and Security Agreement for the Wells Fargo Facility and reporting a board change (effective January 15, 2026). The amendment extends key credit dates and leaves all other loan terms in effect. Separately, director Alfred F. Hurley, Jr. retired and the Board appointed Daniel B. Hébert as a director and member of the Audit, Nominating & Corporate Governance, and Valuation Committees.

Key Details

  • Amendment No. 3 (filed Jan 13, 2026) extends the Revolving Period End Date from March 2028 to November 2028.
  • Amendment No. 3 extends the Facility Maturity Date from March 2030 to November 2030. All other Loan Agreement terms remain in full force.
  • The borrower under the facility is New Mountain Guardian IV Holdings, L.L.C.; Wells Fargo Bank, N.A. serves as administrative agent, lender and swingline lender; Western Alliance Trust Company, N.A. is collateral custodian.
  • Director change: Alfred F. Hurley, Jr. retired Jan 15, 2026; Daniel B. Hébert (age 69) appointed same day. Hébert is CEO of 777 Securities, LLC and has prior senior roles at Vision One Management Partners, Bernstein Hébert Securities, and Bernstein Equity Partners; he also serves on related New Mountain boards.

Why It Matters
For investors, the loan amendment gives the company and its borrower subsidiary an additional eight months of revolving availability and pushes the facility maturity date out by eight months, while keeping other credit terms unchanged. That timing extension can provide more runway for financing activities tied to the facility. The board change is routine (not due to disagreement) and adds a director with broker-dealer and investment management experience who will sit on key oversight committees.