WhiteHorse Finance, Inc. is a business development company that provides financing to privately owned, middle-market companies. The company primarily invests in senior secured loans and other debt investments, while also making selected subordinated debt and equity investments. Its objective is to generate current income and, to a lesser extent, capital appreciation through a diversified portfolio of corporate investments.
WhiteHorse Finance generally works with companies across a range of industries and seeks investments that may be supported by established operations, experienced management teams, and recurring cash flows. Its portfolio companies are primarily located in the United States, although some investments may involve businesses with international operations.
The company is externally managed by WhiteHorse Advisers LLC, an affiliate of H.I.G. Capital, a global alternative investment firm. WhiteHorse Finance was formed to invest in the debt and equity of middle-market businesses and operates as a regulated business development company under the Investment Company Act of 1940.
The 7.875% Notes due 2028, traded under the symbol WHFCL on the Nasdaq Stock Market, are senior unsecured debt securities issued by WhiteHorse Finance. These notes represent an obligation of the company and are distinct from its common stock and investment portfolio.
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