WhiteHorse Finance BDC pursues $680M continuation vehicle deal
WhiteHorse Capital is pursuing a $680M deal to move assets from its publicly traded BDC, WhiteHorse Finance (WHF), into a continuation vehicle. The transaction will delist WHF, which trades below book value, and provide liquidity to investors. Bids for the vehicle are in the high 90s, and the portfolio's fair value was $569M as of June 30, according to public filings.

