The closing of the transaction is subject to customary closing conditions and the Notes are expected to be delivered on or about
Goldman, Sachs & Co., Morgan Stanley & Co. LLC,
Fifth Street intends to use the net proceeds from this offering to repay debt outstanding under one or more of its credit facilities. However, through re-borrowing under its credit facilities, it intends to make investments in small and mid-sized companies in accordance with its investment objective and strategies described in the prospectus supplement and accompanying prospectus.
The offering is being made pursuant to Fifth Street's existing effective shelf registration statement on Form N-2 previously filed with the
Investors are advised to carefully consider the investment objective, risks, charges and expenses of Fifth Street before investing. The prospectus supplement and accompanying prospectus contain a description of these matters and other important information about Fifth Street and should be read carefully before investing.
This press release does not constitute an offer to sell or a solicitation of an offer to buy nor will there be any sale of the securities referred to in this press release in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.
Fifth Street is a specialty finance company that provides custom-tailored financing solutions to small and mid-sized companies, primarily in connection with investments by private equity sponsors. The company originates and invests in one-stop financings, first lien, second lien, mezzanine debt and equity co-investments. The company'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 company has elected to be regulated as a business development company and is externally managed by
This press release contains certain forward-looking statements, including statements with regard to Fifth Street's securities offering and the anticipated use of the net proceeds of the offering. Words such as "believes," "intends," "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 and no assurance can be given that the securities offering discussed above will be consummated on the terms described or at all. Completion of the securities offering and the terms thereof are subject to numerous factors, many of which are beyond the control of Fifth Street, including, without limitation, market conditions, changes in interest rates, failure of customary closing conditions and other matters set forth in
CONTACT: Investor Contact:
Dean Choksi, Executive Director of Finance & Head of Investor Relations Fifth Street Finance Corp.(914) 286-6855 firstname.lastname@example.org Media Contact: Nick Rust Prosek Partners(212) 279-3115 ext. 252 email@example.com