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WhiteHorse Finance (NASDAQ:WHF) has proposed a public offering of notes, the company said Wednesday.
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The company has submitted an application for the notes to be listed and traded on the Nasdaq under the trading symbol “WHFCL”.
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The interest rate and other terms of the notes will be determined at the time of pricing.
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The proceeds will be used to repay amounts outstanding under its existing revolving credit facility with JPMorgan Chase Bank and for general corporate purposes, among other things.
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Oppenheimer, B. Riley Securities, and Ladenburg Thalmann are acting as joint book-running managers for the offering. William Blair is acting as a co-manager.