Maxim Group acted as senior co-manager on Fifth Street Senior Floating Rate Corp.’s  $294.3 million follow-on offering

GREENWICH, CT, Aug. 19, 2014 (GLOBE NEWSWIRE) — Fifth Street Senior Floating Rate Corp. (NASDAQ:FSFR) (“FSFR”) today announced that it has closed a public offering of 22,800,000 shares of its common stock at a public offering price of $12.91 per share for total gross proceeds of approximately $294.3 million. FSFR intends to use the net proceeds from this offering to repay debt outstanding under its credit facility and to make investments in small and mid-sized companies in accordance with its investment objective and strategies described in the prospectus supplement and accompanying prospectus and may use such funds for general corporate purposes.

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