Fifth Street repays, terminates $200 million Natixis credit facility

By Marisa Wong

Madison, Wis., June 3 – Fifth Street Senior Floating Rate Corp. repaid the entire outstanding amount under its $200 million credit facility arranged by Natixis, New York Branch, according to an 8-K filing with the Securities and Exchange Commission.

The company refinanced its existing credit facility by issuing $222.6 million of long-term secured notes through FS Senior Funding Ltd. and FS Senior Funding CLO LLC.

Following repayment, the Natixis facility was terminated. Obligations under the facility would have otherwise matured on Nov. 1, 2021.

Fifth Street Senior Floating Rate is a public business development company owned by Greenwich, Conn.-based Fifth Street Asset Management Inc.

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