WhiteHorse Finance, Inc. Announces Special Distribution, Payable on December 9, 2022
October 14, 2022 at 07:30 am EDT
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WhiteHorse Finance, Inc. announced that its board of directors has declared a special distribution of $0.05 per share, which will be payable on December 9, 2022 to stockholders of record as of October 31, 2022.
WhiteHorse Finance, Inc. is an externally managed, non-diversified, closed-end management investment company. The Company's investment objective is to generate attractive risk-adjusted 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 broad range of industries. The Company is focused principally on originating senior secured loans to lower middle market companies. It also makes opportunistic investments at other levels of a companyâs capital structure, including mezzanine loans or equity interests, and in companies outside the United States based lower middle market. The Companyâs investment advisor is H.I.G. WhiteHorse Advisers, LLC.