#United States #New York #WhiteHorse Finance #WHF #Q3 2026

WhiteHorse Finance, Inc. Reports Q3 2026 Results

WhiteHorse Finance, Inc. has announced its financial performance for the third quarter ending September 30, 2026, alongside a declaration of a quarterly distribution. The report was made public on November 9, 2026, presenting a snapshot of the firm’s activities and investment strategies during the quarter.

The board of directors declared a quarterly distribution of $0.25 per share, which is set to be paid on January 6, 2027, to shareholders who are on record as of December 21, 2026. CEO Stuart Aronson highlighted the company’s diligence in managing its financial priorities during the third quarter. The firm reported an increase in net asset value per share for the second consecutive quarter, attributed to favorable portfolio markups and a decrease in non-accruals following the restructuring of certain assets.

Key Financial Highlights

• - Total Investment Income: Increased to $14.83 million compared to the previous quarter's $14.37 million.
• - Net Investment Income: Reported at $4.44 million, slightly down by 5.2%, with a per share value of $0.207.
• - Core Net Investment Income: Rose to $4.81 million, reflecting effective management and strategic decision-making.
• - Distribution Details: The announced $0.25 per share is consistent with prior distributions and also follows a special distribution of $0.17 per share declared on October 14, 2026.

Investment and Portfolio Management

As of September 30, 2026, WhiteHorse Finance's investment portfolio was valued at approximately $569.1 million, maintaining a stable position compared to the previous quarter. The portfolio consisted of 125 distinct investments across a diverse range of 64 companies, demonstrating a weighted average effective yield of 11.0%. Notably, approximately 70.7% of the loans in the portfolio were first lien secured loans, indicative of the company’s risk management strategies.

In terms of new investments, during Q3 2026, the company allocated $14.8 million across two new portfolio companies and enhanced allocations to existing companies by $6.2 million. The period also noted repayments totaling around $10 million, significantly influenced by the successful realization of investments in companies like Transervice and PFB.

Future Projections and Forward-Looking Statements

Looking ahead, WhiteHorse Advisers has voluntarily agreed to lower the incentive fee on net investment income from 20.00% to 17.50% for the upcoming fiscal quarter. This decision reflects their commitment to enhancing shareholder value amid a landscape of economic uncertainty.

The management remains focused on optimizing potential returns from equitized positions while carefully redeploying capital into income-generating assets, all while emphasizing meticulous risk management strategies.

Conference Call Information

WhiteHorse Finance will host a dedicated conference call on November 9, 2026, to further discuss the results from Q3 2026. The call is scheduled for 1:00 p.m. ET. Interested participants can join by calling 800-267-6316 for domestic listeners or +1 203-518-9783 for international participation. A replay of this call will be available shortly thereafter for those unable to attend live.

About WhiteHorse Finance, Inc.

As a business development company, WhiteHorse Finance, Inc. focuses on originating and investing in loans for privately held, lower middle-market companies across various industries. It is managed by H.I.G. WhiteHorse Advisers, LLC, part of H.I.G. Capital, a global alternative asset management leader with substantial assets under management.

For additional information on WhiteHorse Finance, Inc. and its activities, stakeholders can visit their official website at www.whitehorsefinance.com.