Featuring: publicly traded & venture capital companies on the U.S. (NYSE, NASDAQ, AMEX & OTC: BB) and Canadian (TSX & TSX-V) stock exchanges, Investment & Money Management Ideas.

Press Release - Fifth Street Finance Corp. (FSC-NYSE)

wpe11.jpg (7184 bytes)

“We currently sit on over 40 boards of directors of small and mid-sized companies. We have worked closely with our clients and private equity sponsors in developing their business, fund raising and growth plans, etc. These partnerships have taken years to develop and we are very proud of the accomplishments that our clients have achieved.” - Leonard M. Tannenbaum (FSC) (Interview published April 12, 2007)

The Most Powerful Name In Corporate News and Information.

CURRENT ISSUE  |  COVER ARCHIVES  |   INDEX   |  CONTACT  |  FINANCIALS  |  MARKETING SERVICES   |   HOME PAGE


CEOCFO-Members Login
Become A Member!



 

Fifth Street Finance Corp. Announces Its Renewal of a $50,000,000 Revolving Credit Facility With Bank of Montreal

WHITE PLAINS, N.Y., Jan. 6, 2009 (GLOBE NEWSWIRE) -- Fifth Street Finance Corp. (NYSE:FSC - News) (``Fifth Street'') today announced its renewal of a $50,000,000 revolving credit facility with Bank of Montreal until December 29, 2009.

The terms of the $50 million credit facility include a 50 basis point commitment fee, an interest rate of LIBOR plus 3.25% and a term of 364 days.

About Fifth Street Finance Corp.

Fifth Street Finance Corp. is a specialty finance company that lends to and invests in small and mid-sized companies in connection with an investment by private equity sponsors. Fifth Street Finance Corp.'s investment objective is to maximize its portfolio's total return by generating current income from its debt investments and capital appreciation from its equity investments.

The Fifth Street Finance Corp. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5525

Forward-Looking Statements

This press release may contain certain forward-looking statements, including statements with regard to the future performance of Fifth Street Finance Corp. Words such as ``believes,'' ``expects,'' ``projects,'' and ``future'' or similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results to differ materially from those projected in these forward-looking statements, and some of these factors are enumerated in Fifth Street Finance Corp.'s prospectus, dated June 11, 2008. Fifth Street Finance Corp. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact:

          Fifth Street Finance Corp.
          Stacey Thorne, VP, Investor Relations
          (914) 286-6811
          stacey@fifthstreetcap.com

 




    

ceocfointerviews.com does not purchase or make
recommendation on stocks based on the interviews published.