WhiteHorse Finance Q3 core NII $0.465/sh, distribution raised to $0.385, mgmt fee cut

WhiteHorse Finance, Inc.

2023-Q3 EPS reported $0.73

Q3 2023 core net investment income $0.465/sh, up 25% YoY; total investment income $25.9M.
Board raised quarterly distribution to $0.385/sh (from $0.37), payable Jan 3, 2024; second increase in 2023.
Base management fee reduced to 1.75% from 2.00% effective Jan 1, 2024, tied to gross assets.
Net asset value per share $13.87 at Sep 30, down $0.13 from June 30; net unrealized depreciation $5.4M.
Completed public offering of $34.5M 7.875% Notes due 2028 in August 2023.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

WhiteHorse Finance, Inc. reported financial results for the quarter ended September 30, 2023.

Period: the quarter ended September 30, 2023
Result: reported results

Exact text from the filing

On November 9, 2023, WhiteHorse Finance, Inc. (the "Company") issued a press release announcing a quarterly distribution and its financial results for the quarter ended September 30, 2023.

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WhiteHorse Finance, Inc. filing history →

Source: SEC EDGAR

accession 0001558370-23-018418

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