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Stock Market & Financial Investment News

News Breaks
August 13, 2014
16:11 EDTFSFRFifth Street Senior files to sell 22.8M shares of common stock
FSFR intends to use the net proceeds from this offering to repay debt outstanding under its credit facility and 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 and may use such funds for general corporate purposes. Morgan Stanley, Deutsche Bank Securities, UBS Investment Bank and Goldman, Sachs & Co. will act as lead book-running managers for the offering and Barclays, Credit Suisse and J.P. Morgan will act as joint book-running managers for the offering.
News For FSFR From The Last 14 Days
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September 15, 2014
07:09 EDTFSFRFifth Street Finance receives co-investment exemptive order from SEC
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September 12, 2014
17:15 EDTFSFRFifth Street Senior names Ivelin M. Dimitrov as CEO
Fifth Street Senior Floating Rate Corp. announced that its Board of Directors has promoted Ivelin M. Dimitrov to CEO from President and Chief Investment Officer, while also appointing him as a member of the Board of Directors. Additionally, the Board appointed industry veteran Todd G. Owens as President and Douglas F. Ray as an independent director to serve on the Board of Directors in a newly created seat. Leonard M. Tannenbaum, who stepped down as a director, Vice Chairman of the Board of Directors and CEO, will continue to serve as CEO of Fifth Street Finance Corp. and Fifth Street Management LLC, FSFR's and FSC's investment adviser.

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