Daily News: January 9, 2013

Fifth Street Expands Syndicated Credit Facility


Fifth Street Finance announced that two new lenders joined its syndicated bank credit facility led by ING Capital, increasing the facility size by $35 million to $415 million from $380 million.

With the addition of the two new lenders, the syndicated bank credit facility includes 12 lenders, matures on Nov. 30, 2016 and has an accordion feature allowing for potential future expansion up to $600 million.