WHF News & Events

Reports NAV $11.68 per share, compared to $12.31 per share in 2024. Stuart Aronson, WhiteHorse Finance's CEO, commented, "During the fourth quarter, we delivered improved earnings and an increase in NAV, supported by disciplined portfolio management and share repurchases executed at a meaningful discount to book value. With the prudent reset of our base dividend last quarter, we are positioned to earn our distribution on a more consistent basis, while maintaining our established framework for supplemental distributions when incremental earnings are available. Our portfolio remains overwhelmingly first lien and we continue to actively manage underperforming credits with dedicated restructuring resources, while remaining selective in a highly competitive origination environment and focused on structure and credit quality."

On November 10 the Company's board of directors authorized a stock repurchase program for the purpose of repurchasing up to an aggregate of $15.0M of its common stock on the open market or in privately negotiated purchases at prices below our then-current net asset value per share in accordance with the guidelines specified in Rule 10b-18 under the SEC Act of 1934.

Reports Q3 Net asset value per share $11.41 vs $11.82 in the previous quarter. Stuart Aronson, WhiteHorse Finance's CEO, commented, "Our Q3 results reflect continued progress in repositioning the portfolio and addressing legacy underperformers, even as certain credits weighed on earnings this period. The Board's decision to reset the quarterly distribution was a difficult but necessary step to align payouts with current earnings power and to strengthen our ability to deliver sustainable income going forward. We continue to work through challenged investments with the support of our dedicated restructuring team, while focusing new origination efforts on opportunities with attractive risk-adjusted returns. Supported by our Adviser's voluntary fee reduction and our newly authorized share repurchase program, we believe the BDC remains well-positioned to enhance long-term shareholder value."