ADVISORY, Aug. 8, 2013 (GLOBE NEWSWIRE) --
Fifth Street Senior Floating Rate Corp. is a newly organized business development company that invests primarily in senior secured floating rate loans made to private middle market companies, generally in connection with investments by private equity sponsors. The company will visit the NASDAQ MarketSite in Times Square to celebrate the recent initial public offering (IPO) of its stock, which began trading on the NASDAQ Stock Market on July 12, 2013.
In honor of the occasion, Len Tannenbaum, CEO, will ring the Closing Bell.
NASDAQ MarketSite – 4 Times Square – 43rd & Broadway – Broadcast Studio
Friday, August 9, 2013 – 3:45 p.m. to 4:00 p.m. ET
Dean Choksi, Senior Vice President of Finance & Head of Investor Relations
Fiber Line (Encompass Waterfront): 4463
Gal 3C/06C 95.05 degrees West
18 mhz Lower
DL 3811 Vertical
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About Fifth Street Senior Floating Rate Corp. [FSFR]:
Fifth Street Senior Floating Rate Corp. is a newly organized business development company that invests primarily in senior secured loans, including first lien, unitranche and second lien debt instruments, that pay interest at rates which are determined periodically on the basis of a floating base lending rate, made to private middle market companies whose debt is rated below investment grade. The Company's investment objective is to maximize its portfolio's total return by generating current income from its debt investments while seeking to preserve its capital. The Company is managed by Fifth Street Management LLC, which also manages Fifth Street Finance Corp. (Nasdaq:FSC), a publicly-traded business development company.
About NASDAQ OMX Group:
The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies and provides transformative technologies for the entire lifecycle of a trade - from risk management to trade to surveillance to clearing. In the U.S. and Europe, we own and operate 26 markets including 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to process more than 1 million messages per second at sub-55 microsecond average speeds with 99.99% uptime, our technology drives more than 70 marketplaces in 50 developed and emerging countries into the future, powering 1 in 10 of the world's securities transactions. Our award-winning data products and worldwide indexes are the benchmarks in the financial industry. Home to approximately 3,300 listed companies worth $6 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today. Welcome to where the world takes a big leap forward, daily. Welcome to the NASDAQ OMX Century. To learn more, visit www.nasdaqomx.com. Follow us on Facebook (http://www.facebook.com/NASDAQ) and Twitter (http://www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)
Source:The NASDAQ OMX Group, Inc.