Fifth Street Finance Corp. Closes Seven-Year, $200M Credit Facility With Sumitomo Mitsui Banking Corporation

Fifth Street Finance Corp. (NYSE: FSC) today announced the closing of a seven-year, $200 million credit facility with its long-term partner, Sumitomo Mitsui Banking Corporation, an affiliate of Sumitomo Mitsui Financial Group, Inc. (NYSE: SMFG). The credit facility, which bears an interest rate of LIBOR plus 2.25% per annum, will be secured by first lien assets and includes an option for a one-year extension.