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FIFTH STREET SENIOR FLOATING RATE CORP. FILES (8-K) Disclosing Submission of Matters to a Vote of Security Holders

July 11, 2014



Item 5.07 Submission of Matters to a Vote of Security Holders.

On July 10, 2014, Fifth Street Senior Floating Rate Corp. (the "Company") held a Special Meeting of Stockholders (the "Special Meeting"). At the Special Meeting, the Company's stockholders approved a proposal, which is described in detail in the proxy statement of the Company, dated May 23, 2014. As of May 13, 2014, the record date, 6,666,768 shares of common stock were eligible to vote.

Proposal. The Company's stockholders voted to authorize the Company, with the approval of its Board of Directors, to sell shares of its common stock, par value $0.01 per share (the "Common Stock"), at a price below the Company's then current net asset value per share of such Common Stock, subject to certain limitations described in the proxy statement (including, without limitation, that any sale of Common Stock below net asset value will not dilute the Company's per share net asset value by more than 25% and will not be at a price that is more than 25% below net asset value).

Votes Including Affiliated Persons:

Votes For % Votes Against % Abstain % 3,454,597 85.11 555,453 13.69 48,735 1.20



Votes Excluding Affiliated Persons*:

Votes For Votes Against Abstain 2,088,933 555,453 48,735



* Of the 6,666,768 shares of the Company's Common Stock eligible to vote as of the record date for the Special Meeting, 5,301,001 shares of the Company's Common Stock were held by persons or entities not affiliated with the Company.


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Source: Edgar Glimpses


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