Fifth Street Senior Floating Rate IPO Raises $100 Mln
Fifth Street Senior Floating Rate Corp. said Wednesday that it raised $100 million in gross proceeds from an IPO. Fifth Street Senior Floating Rate, a business development company that invests primarily in senior secured loans, priced about 6.7 million shares at $15 each. Book runners on the deal included Morgan Stanley, Deutsche Bank Securities, UBS Investment Bank and Barclays.
17 July 2013•2 mins read
