#USA #New York #H.I.G. Capital #WhiteHorse Finance #7.875% Notes

WhiteHorse Finance, Inc. to Redeem 7.875% Notes Due 2028

On November 13, 2026, WhiteHorse Finance, Inc. (Nasdaq: WHF) revealed its intention to redeem all outstanding 7.875% Notes that are due to mature in 2028. This financial maneuver involves the total redemption of $34.5 million in principal on December 15, 2026. Following this date, the notes will no longer be traded on the Nasdaq Global Select Market.

Details of the Redemption

The company plans to execute a complete redemption—100%—of the issued notes. Shareholders should note that each Note will be redeemed at $25, plus any accrued and unpaid interest leading up to, but not including, the redemption date.

What's crucial is that the regular quarterly interest payment payable on the same date, December 15, 2026, will be made separately to those who hold Notes as of the close of business on December 1, 2026. This interest will not be included as part of the redemption payment. Therefore, holders of these notes should prepare for two separate transactions around the redemption date.

Funding for the Redemption

WhiteHorse Finance intends to fund this substantial redemption through net proceeds acquired from further indebtedness it plans to incur. This strategic financial decision showcases the company’s continued commitment to optimizing its capital structure and managing its liabilities effectively.

The announcement also clarifies that this communication does not serve as an official notice of redemption. The actual redemption will proceed in accordance with the definitions laid out in the indenture governing the Notes.

About WhiteHorse Finance, Inc.

WhiteHorse Finance is categorized as a business development company that specializes in originating and investing in loans, predominantly targeting privately held lower middle market businesses across various sectors. Its investment strategies are not conducted in isolation; they are managed through a partnership with H.I.G. WhiteHorse Advisers, LLC, a subsidiary of H.I.G. Capital, LLC.

H.I.G. Capital stands out in the financial landscape as a leading global alternative asset management firm, overseeing $76 billion in capital across diversified funds primarily targeting small to mid-cap markets.

For those seeking more information about H.I.G. Capital, visit their website at H.I.G. Capital. For queries regarding WhiteHorse Finance, more details can be found on their site at WhiteHorse Finance.

Future Outlook

In light of the current financial landscape, this redemption plays a vital role not only for WhiteHorse Finance but also in reflecting market trends and investor sentiments in the broader context. It offers insight into how companies are managing their debt and positioning themselves for future growth, amidst an ever-evolving market.

Overall, the actionable insights derived from such announcements can guide investors and analysts in evaluating the financial health and strategic direction of WhiteHorse Finance, helping them make informed decisions moving forward.

For further developments, interested clients and stakeholders are encouraged to monitor official communications from the company as more updates are likely to follow concerning the redemption process and future financial strategies.