New Mountain Private Credit Fund - 8-K

Item
3.02 - Unregistered Sale of Equity Securities.

In connection
with the continuous private offering (the “Private Offering”) of New Mountain Private Credit Fund, a Maryland statutory trust
(the “Company”), as of March 2, 2026 , the Company sold an aggregate of 124,843
of its common shares of beneficial interest for the month of March (the
“Shares”), for aggregate consideration of approximately $3.0 million at a price
per Share equal to $23.87 (with the final number of shares being determined on March 25,
2026 ). The offer and sale of the Shares was exempt from the registration provisions of the Securities
Act of 1933, as amended, pursuant to Section 4(a)(2) and Rule 506 of Regulation D promulgated thereunder.

Item
7.01 - Regulation FD Disclosure.

March
2026 Distribution

On  March 25,
2026 , the Board of Trustees of the Company declared a regular distribution in the amount of $0.19
per Share, payable to shareholders of record as of the open of business on March 31,
2026 to be paid on or about April 30, 2026 .

This
distribution will be paid in cash or reinvested in Shares for shareholders participating in the Company’s distribution reinvestment
plan.

Item
8.01 - Other Events.

Net
Asset Value

The net
asset value (“NAV”) per Share as of February 28, 2026 , as determined in
accordance with the Company’s valuation policy, is $23.87 .

As of
February 28, 2026, the Company’s aggregate NAV was approximately $1,014.1 million, the fair value of its investment portfolio was
approximately $2,062.4 million, and it had approximately $1,094.8 million of debt outstanding (at principal). The average debt-to-equity
leverage ratio during February 2026 was approximately 1.07 times. As of February 28, 2026, the Company had approximately $1,435.0 million
in committed debt capacity, with 100% in floating rate leverage, of which 79% was secured and 21% was unsecured, based on drawn amounts 1 .

________________

1
Certain Notes are classified for the purposes of this filing as floating rate as a result of the Fund entering into interest rate swaps
to effectively swap fixed notes payments for floating rate payments.

Status
of Offering

The
Company is currently offering Shares on a monthly basis as part of the Private Offering. The following table lists the Shares issued
and total consideration for the Private Offering as of the date of this filing. The table below does not include Shares issued through
the Company’s distribution reinvestment plan. The Company intends to continue selling Shares in the Private Offering on a monthly
basis.

Private
Offering

Shares
Issued

Total
Consideration

Shares

124,843

$

2,980,000

1