By James McCandless
San Antonio, Dec. 4 – WhiteHorse Finance, Inc. priced a $20 million follow-on offering of notes in two tranches, according to a press release.
The offering consists of $10 million of 5.375% notes due Dec. 4, 2026 and $10 million of 5.625% notes due Dec. 4, 2027.
Interest on both notes is payable semiannually.
The company plans to use the proceeds to refinance and/or redeem existing debt and/or for general corporate purposes.
WhiteHorse Financial is a Miami-based non-diversified, closed-end management investment company.
| Issuer: | WhiteHorse Finance, Inc.
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| Issue: | Notes
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| Amount: | $20 million
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| Pricing date: | Dec. 4
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| Distribution: | Private placement
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| Notes due 2026
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| Amount: | $10 million
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| Maturity: | Dec. 4, 2026
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| Coupon: | 5.375%
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| Notes due 2027
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| Amount: | $10 million
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| Maturity: | Dec. 4, 2027
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| Coupon: | 5.625%
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