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H.I.G. WhiteHorse Closes $415.5 Million Collateralized Loan Obligation

February 14, 2013, 07:06 AM
Filed Under: Industry News

H.I.G. WhiteHorse, an affiliate of global private equity firm H.I.G. Capital, closed WhiteHorse VI, Ltd., a $415.5 million collateralized loan obligation fund. RBS Securities served as placement agent for a portion of the securities in the transaction.

The closing of the CLO allows WhiteHorse to continue to invest in the broadly syndicated loan space. As has been WhiteHorse’s strategy in the past, the firm will participate in loans to a wide variety of borrowers across a broad spectrum of industries. The notes have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

H.I.G. WhiteHorse provides debt financing to small and middle-market companies, as well as larger companies in the U.S. and Europe. H.I.G. WhiteHorse has a broad investment mandate to provide senior and subordinated debt for refinancing, growth capital, acquisitions, buyouts and balance sheet recapitalizations. Its funds participate in credit facilities ranging in size from $15 to $100 million for middle-market companies up to several billion dollars in the broadly syndicated market.





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