Fifth Street Finance amends loan to cut spread to Libor plus 275 bps

By Sara Rosenberg

New York, Dec. 5 - Fifth Street Finance Corp. amended its credit facility, reducing pricing to Libor plus 275 basis points from Libor plus 300 bps, according to an 8-K filed with the Securities and Exchange Commission on Monday.

The amendment was completed on Nov. 30.

Wells Fargo Bank is the administrative agent on the deal.

Fifth Street Finance is a White Plain, N.Y.-based specialty finance company that lends to and invests in small and mid-sized companies.

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