Fifth Street Finance (FSC) commences a secondary offering of 7.5M shares with the underwriters...

|About: Fifth Street Finance (FSC)|By:, SA News Editor

Fifth Street Finance (FSC) commences a secondary offering of 7.5M shares with the underwriters receiving an option for an additional 1.125M. The immediate use of proceeds will be to pay down its credit lines, though the firm expects to soon draw on them to make additional investments. Shares -2% AH. (PR)