WhiteHorse Finance to Redeem $34.5 Million of 7.875% Notes Due 2028
WhiteHorse Finance, Inc. (Nasdaq: WHF) has announced plans to redeem 100% of its outstanding 7.875% Notes due 2028. The redemption involves an aggregate principal amount of $34,500,000 and is scheduled to take place on December 15, 2026. Following the redemption, the notes will be delisted from the Nasdaq Global Select Market. The company intends to fund this redemption using net proceeds from additional indebtedness it plans to incur. The redemption price per note will be $25 plus accrued and unpaid interest. This move represents a restructuring of the company's debt profile as it manages its long-term obligations.
Topics: capital structure debt redemption notes delisting refinancing