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Published on 10/18/2017 in the Prospect News CLO Daily and Prospect News Liability Management Daily.

WhiteHorse VIII directed to redeem four classes of notes via refinancing

By Tali Rackner

Minneapolis, Oct. 18 – WhiteHorse VIII, Ltd./WhiteHorse VIII, LLC said a majority of its subordinated noteholders directed a redemption of four classes of notes via a refinancing, according to a notice from trustee Bank of New York Mellon Trust Co., NA.

The following will be redeemed at par plus accrued interest on Nov. 1:

• $341 million of class A notes, for a total redemption price of $343,449,246.90;

• $74.25 million of class B notes, for a total redemption price of $74,887,666.26;

• $33 million of class C notes, for a total redemption price of $33,342,440.56; and

• $31.5 million of class D notes, for a total redemption price of $31,899,325.08.

Dallas-based WhiteHorse Lending, LLC is the collateral manager.


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