NEW YORK, Oct. 15, 2024 /PRNewswire/ -- WhiteHorse Finance, Inc. (the "Company") (Nasdaq: WHF) today announced that its board of directors has declared a special distribution of $0.245 per share, which will be payable on December 10, 2024 to stockholders of record as of October 31, 2024.

Distributions are paid from taxable earnings and may include a return of capital and/or capital gains. The specific tax characteristics of the distributions will be reported to stockholders on Form 1099-DIV after the end of the calendar year and in the Company's periodic reports filed with the Securities and Exchange Commission.

NEW YORK, Aug. 8, 2024 /PRNewswire/ -- WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today announced its financial results for the quarter ended June 30, 2024. In addition, the Company's board of directors has declared a distribution of $0.385 per share with respect to the quarter ended June 30, 2024. The distributions will be payable on October 2, 2024 to stockholders of record as of September 18, 2024. 

Stuart Aronson, WhiteHorse Finance's Chief Executive Officer, commented, "Despite some challenges with specific credits and elevated repayment activity, I am pleased to report that WhiteHorse generated another quarter of core net investment income well in excess of our regular dividend.   We are generally seeing balanced activity across our portfolio in terms of credit performance and stability with markdowns partially offset by various net markups during the quarter. Based on current market terms and conditions, we are taking a cautious stance and are focused on credits with positive free cash flow, limited cyclicality, and strong owners.  This is consistent with the rigorous underwriting standards that we adhere to regardless of market conditions. The broader lending market remains aggressive, favoring borrowers, but we continue to see opportunities in areas of the market where these is less competition. Our pipeline level remains high due in part to our sourcing model, which allows us to source deals in areas of the market where there is less competition."