Whitehorse Finance Q3 2023 Earnings Report
Key Takeaways
WhiteHorse Finance reported a net investment income of $10.813 million, or $0.465 per share, for the quarter ended September 30, 2023. The board of directors approved an increase in the quarterly distribution to $0.385 per share. Core net investment income increased by 25% compared to the third quarter of 2022.
Base management fee rate decreased to 1.75%, effective January 1, 2024.
Quarterly distribution increased to $0.385 per share.
Completed a public offering of 7.875% 2028 Notes in the aggregate principal amount of $34.5 million in August 2023.
Net investment income and core net investment income was $10.813 million, or $0.465 per share.
Whitehorse Finance
Whitehorse Finance
Forward Guidance
The Company's board of directors has declared a distribution of $0.385 per share with respect to the quarter ending December 31, 2023. The distribution will be payable on January 3, 2024 to stockholders of record as of December 20, 2023.