WhiteHorse Finance

WhiteHorse Finance, Inc is a managed, non-diversified, closed-end management investment company which operates as a direct lender targeting debt investments in privately held, lower middle market companies located in the United States. Its investment objective is to generate returns primarily by originating and investing in senior secured loans, including first lien and second lien facilities, to performing lower middle market companies across a range of industries that typically carry a floating interest rate based on the London Interbank Offered Rate. It focuses principally on originating senior secured loans to lower middle market companies. The company was founded on December 28, 2011 and is headquartered in Miami, FL.

Earnings data Q1 2021

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WhiteHorse Finance reports solid Q1 performance amidst market challenges

WhiteHorse Finance's Q1 performance was solid, with net investment income covering dividends.
The company faces challenges from market conditions and decreasing average investment size.
Opportunities lie in optimizing the portfolio mix and capitalizing on aggressive lenders.
Maintaining a focus on stable credits can drive future stability and growth.

WhiteHorse Finance reports Q3 challenges, focuses on non-sponsor market

WHF faced challenges in Q3 2024 with a decline in the investment portfolio, but maintained a robust debt portfolio and declared shareholder distributions.
The company is navigating market aggressiveness by focusing on non-sponsor deals and optimizing outcomes of workout accounts.
Opportunities lie in leveraging strengths to capitalize on market conditions and adapt distribution strategies based on core earnings power.

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We take a look at the action in BDCs through the fourth week of November and highlight some of the key themes we are watching. Like September, November is likely to be another write-off for BDC investors. However, the strong price action in October has more than made up for these two middling months.

BDC Market Weekly Review: Breaking Down Shareholder-Friendly Fee Structures

NEW YORK, Nov. 19, 2021 /PRNewswire/ -- WhiteHorse Finance, Inc., a business development company (the "Company") (Nasdaq: WHF), today announced that it has priced a registered public offering of $75 million in aggregate principal amount of its 4.00% notes due 2026 (the "Notes"), which will result in net proceeds to the Company of approximately $73.3 million, after deducting underwriting discounts and commissions and estimated offering expenses payable by the Company. The Notes will mature on December 15, 2026 and may be redeemed in whole or in part at the Company's option at any time at par plus a "make-whole" premium, if applicable.

WhiteHorse Finance, Inc. Announces Pricing of Public Offering of $75 million 4.00% Notes Due 2026

NEW YORK, Nov. 19, 2021 /PRNewswire/ -- WhiteHorse Finance, Inc., a business development company (the "Company") (Nasdaq: WHF), today announced that it has commenced a registered public offering of notes (the "Notes"), subject to market and other conditions. The interest rate and other terms of the Notes will be determined at the time of pricing of the offering.

WhiteHorse Finance, Inc. Commences Public Offering of Notes

NEW YORK, Nov. 17, 2021 /PRNewswire/ -- WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) announced that it will redeem its 6.50% Notes due 2025 (Nasdaq: WHFBZ) (the "Notes"). The Company will redeem 100%, or $35,000,000 aggregate principal amount, of the issued and outstanding Notes on December 17, 2021 (the "Redemption Date"), following which the Notes will be delisted from the Nasdaq Global Select Market.

WhiteHorse Finance, Inc. To Redeem 6.50% Notes Due 2025

WhiteHorse Finance (WHF) CEO Stuart Aronson on Q3 2021 Results - Earnings Call Transcript

WhiteHorse (WHF) delivered earnings and revenue surprises of -2.63% and 0.52%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

WhiteHorse Finance (WHF) Lags Q3 Earnings Estimates

NEW YORK, Nov. 9, 2021 /PRNewswire/ -- WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today announced its financial results for the quarter ended September 30, 2021. In addition, the Company's board of directors has declared a distribution of $0.355 per share with respect to the quarter ending December 31, 2021.

WhiteHorse Finance, Inc. Announces Third Quarter 2021 Earnings Results and Declares Quarterly Distribution of $0.355 Per Share

WhiteHorse (WHF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

WhiteHorse Finance (WHF) Earnings Expected to Grow: What to Know Ahead of Q3 Release

NEW YORK, Oct. 29, 2021 /PRNewswire/ -- WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today announced that it will release its third quarter financial results for the period ended September 30, 2021 on Tuesday, November 9, 2021. The Company will discuss its financial results on a conference call that day at 2:00 p.m.

WhiteHorse Finance, Inc. To Report Third Quarter 2021 Financial Results

NEW YORK, Oct. 21, 2021 /PRNewswire/ -- WhiteHorse Finance, Inc., a business development company (the "Company") (Nasdaq: WHF), today announced that it has priced an underwritten primary offering of 1,900,000 shares of its common stock at a public offering price of $15.81 per share, which will result in net proceeds to the Company of approximately $29.1 million, after deducting underwriting discounts and commissions payable by the Company and estimated offering expenses payable by the Company. The Company's investment adviser has agreed to bear a portion of the underwriting discounts and commissions in connection with the offering of shares by the Company.

WhiteHorse Finance, Inc. Announces Pricing of Public Offering of Common Stock

NEW YORK, Oct. 20, 2021 /PRNewswire/ -- WhiteHorse Finance, Inc. (the "Company") (Nasdaq: WHF) today announced that it has commenced an underwritten primary offering of shares of its common stock (the "Offering"). The Company also expects to grant the underwriters an option to purchase additional shares of its common stock to cover over-allotments, if any.

WhiteHorse Finance, Inc. Announces Public Offering of Common Stock

NEW YORK, Oct. 14, 2021 /PRNewswire/ -- WhiteHorse Finance, Inc. (the "Company") (Nasdaq: WHF) today announced that its board of directors has declared a special distribution of $0.135 per share, which will be payable on December 10, 2021 to stockholders of record as of October 29, 2021. Distributions are paid from taxable earnings and may include a return of capital and/or capital gains.

WhiteHorse Finance, Inc. Announces Special Distribution

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WhiteHorse Finance, Inc. (WHF) CEO Stuart Aronson on Q2 2021 Results - Earnings Call Transcript

WhiteHorse (WHF) delivered earnings and revenue surprises of -8.11% and -0.94%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

WhiteHorse Finance (WHF) Q2 Earnings and Revenues Miss Estimates

NEW YORK, Aug. 9, 2021 /PRNewswire/ -- WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today announced its financial results for the quarter ended June 30, 2021. In addition, the Company's board of directors has declared a distribution of $0.355 per share with respect to the quarter ending September 30, 2021.

WhiteHorse Finance, Inc. Announces Second Quarter 2021 Earnings Results and Declares Quarterly Distribution of $0.355 Per Share

NEW YORK, July 21, 2021 /PRNewswire/ -- WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today announced that it will release its second quarter financial results for the period ended June 30, 2021 on Monday, August 9, 2021. The Company will discuss its financial results on a conference call that day at 1:00 p.m.

WhiteHorse Finance, Inc. To Report Second Quarter 2021 Financial Results

WhiteHorse Finance, Inc. (WHF) CEO Stuart Aronson on Q1 2021 Results - Earnings Call Transcript

WhiteHorse (WHF) delivered earnings and revenue surprises of 4.17% and -0.97%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

WhiteHorse Finance (WHF) Q1 Earnings Surpass Estimates

NEW YORK, May 10, 2021 /PRNewswire/ -- WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today announced its financial results for the quarter ended March 31, 2021. Additionally, the Company announced that its board of directors has declared a distribution of $0.355 per share with respect to the quarter ending June 30, 2021.

WhiteHorse Finance, Inc. Announces First Quarter 2021 Earnings Results and Declares Quarterly Distribution of $0.355 Per Share

NEW YORK, April 23, 2021 /PRNewswire/ -- WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today announced that it will release its first quarter financial results for the period ended March 31, 2021 on Monday, May 10, 2021. The Company will discuss its financial results on a conference call that day at 1:00 p.m.

WhiteHorse Finance, Inc. To Report First Quarter 2021 Financial Results

As of late, it has definitely been a great time to be an investor in WhiteHorse Finance (WHF).

WhiteHorse Finance's (WHF) Shares March Higher, Can It Continue?

WhiteHorse Finance, Inc. (WHF) CEO Stuart Aronson on Q4 2020 Results - Earnings Call Transcript

WhiteHorse (WHF) delivered earnings and revenue surprises of 6.25% and 7.27%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

WhiteHorse Finance (WHF) Beats Q4 Earnings and Revenue Estimates

NEW YORK, March 2, 2021 /PRNewswire/ -- WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today announced its financial results for the year ended December 31, 2020. Additionally, the Company announced that its board of directors has declared a distribution of...

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