Fifth Street Finance Corp. announced additional commitments from one new and one existing lender to its syndicated credit facility led by ING Capital LLC. As a result, the committed facility size increased by $25 million to $705 million. The facility now includes 17 lenders with an accordion feature allowing for potential future expansion up to $800 million. The final maturity of the facility remains August 6, 2018.

"The continued expansion of our syndicated credit facility provides us with ample capital to deliver custom-tailored financing solutions to our private equity sponsor clients, including the ability to commit to larger transactions up to $250 million," said Leonard M. Tannenbaum, FSC's Chief Executive Officer, adding, "Our flexible capital structure is characterized by two investment grade ratings, a diverse group of lenders in our syndicated credit facility and a significant amount of longer-term fixed rate debt."

Fifth Street Finance Corp. is a leading specialty finance company that provides custom-tailored financing solutions to small and mid-sized companies, primarily in connection with investments by private equity sponsors. The company originates and invests in one-stop financings, first lien, second lien, mezzanine debt and equity co-investments. FSC's investment objective is to maximize its portfolio's total return by generating current income from its debt investments and capital appreciation from its equity investments.