WhiteHorse Finance Provides Financing for Grupo HIMA

  WhiteHorse Finance Provides Financing for Grupo HIMA

Business Wire

MIAMI -- March 13, 2013

WhiteHorse Finance, Inc. (or the "Company") (NASDAQ: WHF) announced today that
it has participated in a $247 million Senior Secured Financing Facility (the
“Facility”) for Grupo HIMA (“HIMA”). WhiteHorse Finance’s investment includes
participations in the first lien and second lien tranches of the Facility.

Headquartered in Bayamon, a suburb of San Juan, HIMA is the leading hospital
operator in Puerto Rico. HIMA operates four stand-alone hospitals and over
1,000 beds in major population centers on the east end of the island. HIMA has
received several recent awards recognizing its leadership in key specialties
and medical technologies.

WhiteHorse Finance has extensive experience investing in healthcare companies,
including past investments in acute care providers, senior care and
pharmaceutical companies.

About WhiteHorse Finance, Inc.

WhiteHorse Finance, Inc. is a business development company that originates and
invests in loans to privately held small-cap companies across a broad range of
industries. The Company’s investment activities are managed by its investment
adviser, H.I.G. WhiteHorse Advisers, LLC, an affiliate of H.I.G. Capital,
L.L.C. (“H.I.G. Capital”). H.I.G. Capital is a leading global alternative
asset manager managing approximately $11 billion of capital as of December 31,
2012 across a number of funds focused on the small-cap market. For more
information about H.I.G. Capital, please visit http://www.higcapital.com. For
more information about the Company, please visit
http://www.whitehorsefinance.com.

Forward-Looking Statements

This press release may contain “forward-looking statements” within the meaning
of the Private Securities Litigation Reform Act of 1995. Statements other than
statements of historical facts included in this press release may constitute
forward-looking statements and are not guarantees of future performance or
results and involve a number of risks and uncertainties. Actual results may
differ materially from those in the forward-looking statements as a result of
a number of factors, including those described from time to time in filings
with the Securities and Exchange Commission. The Company undertakes no duty to
update any forward-looking statement made herein. All forward-looking
statements speak only as of the date of this press release.

Contact:

WhiteHorse Finance, Inc.
Alastair Merrick, 212-506-0500
amerrick@whitehorsefinance.com
or
Prosek Partners
Brian Schaffer, 212-279-3115
bschaffer@prosek.com
 
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