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Press Release - Fifth Street Finance Corp. (FSC-NYSE) |
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There are more opportunities for us today than ever before! There is a void in middle market private equity sponsor backed lending of at least $7 to $10 billion in size. I think that the void will increase as middle market Mergers and Acquisitions activities continue to accelerate into next year. We will gain substantial market share as we continue to ramp our origination effort... - Leonard M. Tannenbaum (FSC) (Interview published January 1, 2010) |
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Fifth Street Finance Corp. Recognized as "Lender of the Year"
for 2009 From Mergers & Acquisitions Journal
WHITE PLAINS, N.Y., April 13, 2010 (GLOBE NEWSWIRE) -- Fifth Street Finance Corp. (NYSE:FSC) ("Fifth Street") announced that it has been named "Lender of the Year" for 2009 by Mergers & Acquisitions Journal, the official publication of the Association for Corporate Growth. This is the second honor Fifth Street has received for its lending accomplishments in 2009. Previously, Fifth Street was designated the "2009 Debt Financing Agent of the Year" by The M&A Advisor. This award recognizes Fifth Street as the M&A lender that distinguished itself in 2009, through its ability to adapt to the changing landscape and stay active in middle market lending. "This honor highlights Fifth Street's ability to create comprehensive financing solutions in all market environments - solutions that achieve the goals of each transaction and build foundations for lasting partnerships with our clients," said Leonard M. Tannenbaum, Fifth Street's Chief Executive Officer. "We are proud that we were able to support private equity sponsors and our portfolio companies effectively, despite the recession; we now look forward to the improving market conditions and increased deal activity in the middle market buyout industry." 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 investments 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," "anticipates," 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 these factors are identified from time to time in our filings with the Securities and Exchange Commission. 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, Executive Director, Investor Relations
(914) 286-6811
stacey@fifthstreetcap.com
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