H.I.G. WhiteHorse said Wednesday that it closed a collateralized loan obligation fund, WhiteHorse VI Ltd., at $415.5 million. RBS Securities served as placement agent for a portion of the securities. H.I.G. WhiteHorse is the credit arm of H.I.G. Capital.
H.I.G. WhiteHorse (“WhiteHorse”), an affiliate of global private equity firm H.I.G. Capital, LLC, announced that it has successfully closed WhiteHorse VI, Ltd., a $415.5 million collateralized loan obligation (CLO) fund. RBS Securities, Inc. 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. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About H.I.G. WhiteHorse
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. Our 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. With twelve offices throughout the U.S., Europe and South America and over 250 investment professionals to draw upon, H.I.G. WhiteHorse has the experience, resources, and flexibility required to provide capital solutions quickly, and the strategic and operational expertise to help support its investments. H.I.G. WhiteHorse is an affiliate of H.I.G. Capital, a leading global private investment firm with more than $10 billion of equity capital under management. Since its founding in 1993, H.I.G. Capital has invested in more than 200 companies worldwide and has developed an extensive track record for creating value for its partners and investors. For more information, please refer to the H.I.G. WhiteHorse website at www.higwhitehorse.com.