DBRS Discontinues Ratings on Notes Issued by Whitehorse Finance Warehouse, LLC
Structured CreditDBRS, Inc. (DBRS) has today discontinued the ratings on the Revolving Notes and the Term Notes (collectively, the Notes) issued by Whitehorse Finance Warehouse, LLC (Whitehorse), up to the Total Commitment of $150,000,000 pursuant to the Second Amended and Restated Credit and Security Agreement dates as of July 8, 2015.
The Notes are collateralized by a portfolio of U.S. middle-market corporate loans and other corporate obligations. Whitehorse is managed by Whitehorse Finance, Inc., an affiliate of H.I.G. Capital, LLC.
The rating actions reflect repayment in full of the outstanding Notes. The DBRS rating addresses Whitehorse’s ability to make timely payments of interest and ultimate payment of principal on or before the Final Maturity Date of the Notes.
Notes:
All figures are in U.S. dollars unless otherwise noted.
The applicable methodology is Rating CLOs and CDOs of Large Corporate Credit, which can be found on our website under Methodologies.
This rating is endorsed by DBRS Ratings Limited for use in the European Union.
This is an unsolicited credit rating. This credit rating was not initiated at the request of the issuer and did not include participation by the issuer or any related third party.
For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.
Ratings
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