Profile: WhiteHorse Finance Inc (WHF.O)
19 Jul 2019
WhiteHorse Finance, Inc., incorporated on December 28, 2011, is a non-diversified, closed-end management investment company. The Company is a direct lender targeting debt investments in privately held, small-cap companies located in the United States. The Company's investment objective is to generate attractive risk-adjusted returns primarily by originating and investing in senior secured loans, including first lien and second lien facilities, to performing small-cap companies across a range of industries that typically carry a floating interest rate based on the London Interbank Offered Rate (LIBOR) and have a term of 3 to 6 years. The Company may also make investments at other levels of a company's capital structure, including mezzanine loans or equity interests. The Company also may receive warrants to purchase common stock in connection with its debt investments.
The Company invests primarily in securities that are rated below investment grade by rating agencies or that may be rated below investment grade if they were so rated. The Company holds investments in various sectors, such as advertising, broadcasting, consumer finance, data processing and outsourced services, distributors, diversified support services, electronic equipment and instruments, food retail, healthcare distributors, healthcare facilities, healthcare technology, integrated telecommunication services, oil and gas drilling, oil and gas exploration and production, research and consulting services, specialized consumer services, specialized finance and trucking. Its investment advisor is H.I.G. WhiteHorse Advisers, LLC.
WhiteHorse Finance Inc
1450 Brickell Ave Fl 31
MIAMI FL 33131-3460