WASHINGTON (June 24, 2008) – Sutherland represented Fifth Street Finance Corp. (NYSE: FSC) in connection with its initial public offering of 10,000,000 shares of its common stock for total proceeds of approximately $141.2 million, before the underwriting discounts and commissions and estimated offering expenses. Goldman, Sachs & Co., UBS Investment Bank and Wachovia Capital Markets, LLC acted as joint book-running managers and representatives of the underwriters in connection with the initial public offering.
Fifth Street Finance Corp. is a specialty finance company, based in White Plains, New York, that lends to, and invests in, small and mid-sized companies in connection with investments by private equity sponsors.
The Sutherland team representing Fifth Street Finance Corp. was led by Steven B. Boehm, Harry S. Pangas and Anne W. Gray.
Inquiries related to this transaction may be directed to Steven B. Boehm, a partner in Sutherland’s Financial Services Group, at 202.383.0176 or firstname.lastname@example.org, or Harry S. Pangas, a partner in Sutherland’s Corporate Group, at 202.383.0805 or email@example.com.
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