$1 Billion Market Cap!
Fifth Street's shares recently traded at a 52-week high which brought our market capitalization to over $1 billion. Crossing this important threshold opens up a new investor base for our shares and further demonstrates our importance in the marketplace to our lenders. This should ultimately lead to a lower cost of equity and debt capital in the future.
Until Next Time
We look forward to meeting with our Midwest-based sponsors at the 2012 Midwest ACG Capital Connection Conference on October 23, 2012. Len Tannenbaum, our CEO, will be a speaker at the conference luncheon and will discuss the success of our Midwest market penetration. The long-term investment in our Chicago office continues to bear fruit and has become a larger part of our originations mix.Our investors and analysts can look forward to our September quarter-end and fiscal 2012 year-end results on November 28, 2012. Our results will be released after the market closes on November 28, 2012 with a conference call to be held at 10:00 AM ET on November 29, 2012. As a reminder, Fifth Street generally does not release a newsletter in the months it reports earnings. Sincerely, The Fifth Street Team 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, primarily 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 Fifth Street Finance Corp.'s 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: Investor Contact: Dean Choksi, SVP of Finance & Head of Investor Relations Fifth Street Finance Corp. (914) 286-6855 email@example.com Media Contact: Steve Bodakowski Prosek Partners (203) 254-1300 ext. 141 firstname.lastname@example.org
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV