FIFTH STREET FINANCE CORP
			Symbol			FSC

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Fifth Street Finance Corp. Named "2009 Debt Financing Agent of the Year" by the M&A Advisor

2009-10-20 07:05 ET - News Release

WHITE PLAINS, N.Y., Oct. 20, 2009 (GLOBE NEWSWIRE) -- Fifth Street Finance Corp. (NYSE:FSC) ("Fifth Street") is pleased to announce that it has been honored as "2009 Debt Financing Agent of the Year" by The M&A Advisor.

"We are proud to receive this honor from The M&A Advisor. This accolade is a true testament to Fifth Street's distinction from other lenders. Even amidst the credit crisis, Fifth Street remains active in the market while many of our competitors have been forced to de-leverage or exit the market entirely," said Leonard Tannenbaum, Fifth Street's CEO, adding that, "this honor reinforces our reputation for efficiently closing deals and our ability to support our private equity sponsors in all market conditions."

Roger Aguinaldo, CEO of The M&A Advisor, commented, "In these tough economic times we should applaud firms that have stepped up to the plate to make important middle market deals possible."

Fifth Street, which went public in 2008, recently raised approximately $145.7 million in gross proceeds from two public offerings in July and September 2009. In addition, the company announced a non-binding financing commitment for a three year credit facility with Wachovia Bank, N.A., a Wells Fargo company, for up to $100 million.

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