Fifth Street Finance (FSC) Names New CEO
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Fifth Street Finance Corp. Appoints Patrick J. Dalton as Chief Executive Officer
November 30, 2016 7:00 AM ESTChief Executive Officer Todd G. Owens and Chief Investment Officer Ivelin M. Dimitrov to Step Down, Effective January 2, 2017
GREENWICH, CT, Nov. 30, 2016 (GLOBE NEWSWIRE) -- Fifth Street Finance Corp. (NASDAQ: FSC) (FSC or the Company) today announced that its Board of Directors has appointed Patrick J. Dalton as Chief Executive Officer and elected him as a member of the Board of Directors, effective January 2, 2017. Mr. Dalton will succeed Todd G. Owens, who will continue in his roles as CEO and a member of the Board of Directors until that time to facilitate a... More
Fifth Street Finance Corp. Announces Fourth Quarter and Fiscal Year Ended September 30, 2016 Financial Results
November 29, 2016 4:30 PM ESTGREENWICH, CT, Nov. 29, 2016 (GLOBE NEWSWIRE) -- Fifth Street Finance Corp. (NASDAQ: FSC) ("FSC" or "we") today announced its financial results for the fourth fiscal quarter and year ended September 30, 2016.
Fourth Fiscal Quarter 2016 Financial Highlights
Net investment income of $25.7 million, or $0.18 per share;Net asset value per share of $7.97;Closed $123.0 million of new investments; andRepurchased 2.0 million shares of common stock in the open market at an aggregate cost of $12.5 million.Fiscal Year 2016 Financial HighlightsÂ
Net investment income of $106.7 million, or $0.72 per... More