WHITE PLAINS, N.Y., Oct. 11, 2012 (GLOBE NEWSWIRE) -- Fifth Street Finance Corp. (Nasdaq:FSC) ("Fifth Street") today announced that it priced a public offering of $75 million in aggregate principal amount of its 5.875% senior unsecured notes due 2024 (the "Notes"). The Notes will mature on October 30, 2024, and may be redeemed in whole or in part at any time or from time to time at Fifth Street's option on or after October 30, 2017. The Notes will bear interest at a rate of 5.875% per year payable quarterly on January 30, April 30, July 30 and October 30, of each year, beginning January 30, 2013. The closing of the transaction is subject to customary closing conditions and the Notes are expected to be delivered on or about October 18, 2012. Fifth Street intends to apply to list the Notes on the New York Stock Exchange under the trading symbol "FSCE," and if the application is approved, expects trading in the Notes to begin within 30 days from the original issue date.
Fifth Street Finance Corp. Prices Public Offering Of $75 Million 5.875% Senior Unsecured Notes Due 2024
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