Fifth Street Finance Corp. Announces Adjournment of 2017 Annual Meeting
06 Avril 2017 - 4:13PM
Fifth Street Finance Corp. (NASDAQ:FSC) (“FSC”) today announced
that, in light of the resignation of Patrick J. Dalton from his
positions as Chief Executive Officer and member of the Board of
Directors of FSC (the “Board”) and because Mr. Dalton will no
longer be on FSC’s slate of directors, FSC has adjourned its 2017
Annual Meeting of Stockholders, which was initially scheduled for
April 6, 2017 at 10:00 a.m. FSC’s adjourned 2017 Annual
Meeting of Stockholders will be reconvened at Courtyard Rye, 631
Midland Avenue, Rye, New York 10580 on April 27, 2017 at 10:00
a.m. The Company intends to file with the Securities and
Exchange Commission supplemental proxy materials, which will
include additional information related to the adjourned 2017 Annual
Meeting of Stockholders. Also in connection with the
resignation of Mr. Dalton from the Board, the Board is decreasing
its size from eight members to seven members.
About Fifth Street Finance Corp.
Fifth Street Finance Corp. is a leading specialty finance
company that provides custom-tailored financing solutions to small
and mid-sized companies, primarily in connection with investments
by private equity sponsors. FSC originates and invests in
one-stop financings, first lien, second lien, mezzanine debt and
equity co-investments. FSC’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. FSC has elected to be regulated as a business
development company and is externally managed by a subsidiary of
Fifth Street Asset Management Inc. (NASDAQ:FSAM), a nationally
recognized credit-focused asset manager with approximately $5
billion in assets under management across multiple public and
private vehicles. With a track record of nearly 20 years, the
Fifth Street platform received the 2015 ACG New York Champion’s
Award for “Lender Firm of the Year,” and other previously received
accolades include the ACG New York Champion’s Award for “Senior
Lender Firm of the Year,” “Lender Firm of the Year” by The M&A
Advisor and “Lender of the Year” by Mergers &
Acquisitions. FSC’s website can be accessed at
fsc.fifthstreetfinance.com.
Contact
Investor Contact:
Robyn Friedman, Executive Director, Head of Investor Relations
(203) 681-3720
ir@fifthstreetfinance.com
Media Contact:
James Golden / Aura Reinhard / Andrew Squire
Joele Frank Wilkinson Brimmer Katcher
(212) 355-4449
Fifth Street Finance (NASDAQ:FSC)
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