Fifth Street Serves as Lead Arranger for Financing Facility in Valet Waste Deal
October 08, 2015
Fifth Street Management, an affiliate of Fifth Street Asset Management (NASDAQ: FSAM), served as lead arranger and administrative agent for a one-stop financing facility in connection with the acquisition of Valet Waste by Ares Management and Harvest Partners. The financing facility consists of a revolving credit facility and first lien term loan. Valet Waste is a provider of value-added amenity services to the multifamily housing industry.