Fifth Street Finance (FSC) Reports In-Line Q1 EPS
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Fifth Street Finance Corp. Announces Quarter Ended December 31, 2015 Financial Results
February 9, 2016 6:30 AM ESTGREENWICH, CT, Feb. 09, 2016 (GLOBE NEWSWIRE) -- Fifth Street Finance Corp. (NASDAQ: FSC) ("FSC" or "we") announces its financial results for the first fiscal quarter ended December 31, 2015.
First Fiscal Quarter 2016 and Post-Quarter Highlights
Net investment income for the quarter ended December 31, 2015 was $26.6 million, or $0.18 per share;Net asset value per share was $8.41 at December 31, 2015;We closed $338.3 million of investments during the quarter ended December 31, 2015; andWe and our investment adviser agreed on a permanent reduction in our base management fee from 2.00% to 1.75% effective January 1, 2016.... More