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Fifth Street Finance announces public stock offering

July
15

Fifth Street Finance Corp., a White Plains-based specialty finance company that lends to and invests in small and mid-sized businesses, announced plans for a public offering of 6.5 million shares of its common stock. Fifth Street said that it expects to use $16.5 million of the net proceeds from the offering to repay outstanding debt and make investments in companies.

This entry was posted on Wednesday, July 15th, 2009 at 11:29 am by Jay Loomis.
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Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.

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