NEW YORK, Oct. 9, 2020 /PRNewswire/ -- WhiteHorse
Finance, Inc. (the "Company") (Nasdaq: WHF) today
announced that its board of directors has declared a special
distribution of $0.125 per share,
which will be payable on December 10,
2020 to stockholders of record as of October 30, 2020.
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.
About WhiteHorse Finance, Inc.
WhiteHorse Finance, Inc. is a business development company that
originates and invests in loans to privately held, lower middle
market companies across a broad range of industries. The Company's
investment activities are managed by its investment adviser, H.I.G.
WhiteHorse Advisers, LLC, an affiliate of H.I.G. Capital, LLC
("H.I.G. Capital"). H.I.G. Capital is a leading global alternative
asset manager with approximately $40
billion of capital under management* across a number of
funds focused on the small and mid-cap markets. For more
information about H.I.G. Capital, please visit
http://www.higcapital.com. For more information about the
Company, please visit http://www.whitehorsefinance.com.
Forward-Looking Statements
This press release may contain "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act
of 1995. Statements other than statements of historical facts
included in this press release may constitute forward-looking
statements and are not guarantees of future performance or results
and involve a number of risks and uncertainties. Actual results may
differ materially from those in the forward-looking statements as a
result of a number of factors, including those described from time
to time in filings with the Securities and Exchange Commission. The
Company undertakes no duty to update any forward-looking statement
made herein. All forward-looking statements speak only as of the
date of this press release.
Contacts
Stuart
Aronson
WhiteHorse Finance, Inc.
212-506-0500
saronson@higwhitehorse.com
Joyson C. Thomas
WhiteHorse Finance, Inc.
305-379-2322
jthomas@higwhitehorse.com
Sean Silva
Prosek Partners
646-818-9122
ssilva@prosek.com
* Based on total capital commitments managed by
H.I.G. Capital and affiliates.
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SOURCE WhiteHorse Finance, Inc.