Press Release

DBRS Confirms AA (sf) Rating on the Advances of WhiteHorse Finance Warehouse, LLC Facility

Structured Credit
September 30, 2013

DBRS, Inc. (“DBRS”) has today confirmed the rating of AA (sf) on the Facility contemplating advances to be made by the lenders thereunder up to a total commitment of $150,000,000 pursuant to the Revolving Credit and Security Agreement dated as of September 27, 2012. The Facility is collateralized primarily by a portfolio of U.S. middle market corporate loans and other corporate obligations. The Facility is managed by WhiteHorse Finance, LLC. The DBRS rating addresses WhiteHorse Finance Warehouse, LLC’s ability to make timely payments of interest and ultimate payment of principal on or before the Final Maturity Date of the Facility.

The principal methodology is Rating Methodology for CLOs and CDOs of Large Corporate Credit, which can be found on our website under Methodologies.

This credit rating has been issued outside the European Union (EU) and may be used for regulatory purposes by financial institutions in the EU.

Note:
All figures are in U.S. dollars unless otherwise noted.

Ratings

WhiteHorse Finance Warehouse, LLC
  • Date Issued:Sep 30, 2013
  • Rating Action:Confirmed
  • Ratings:AA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:USE
  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

ALL MORNINGSTAR DBRS RATINGS ARE SUBJECT TO DISCLAIMERS AND CERTAIN LIMITATIONS. PLEASE READ THESE DISCLAIMERS AND LIMITATIONS AND ADDITIONAL INFORMATION REGARDING MORNINGSTAR DBRS RATINGS, INCLUDING DEFINITIONS, POLICIES, RATING SCALES AND METHODOLOGIES.