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Dec 31, 2020
Whitehorse Finance Q4 2020 Earnings Report
Whitehorse Finance reported fourth quarter earnings with a new company record in loan origination and reached target leverage.
Key Takeaways
WhiteHorse Finance announced its financial results for the year ended December 31, 2020. The company's fourth quarter origination volume set a new company record and enabled it to reach its target leverage of 1.25x.
Originated 16 first lien loans financed partially through $60 million unsecured notes.
Fourth quarter origination volume set a new company record.
Reached target leverage of 1.25x.
Investment portfolio fair value was $690.7 million.
Whitehorse Finance
Whitehorse Finance
Forward Guidance
The Company’s board of directors has declared a distribution of $0.355 per share with respect to the quarter ending March 31, 2021. The distribution will be payable on April 5, 2021 to stockholders of record as of March 26, 2021.