WhiteHorse Finance Inc. announced that its board of directors has declared a distribution of $0.355 per share in respect to the quarter ending June 30, 2013. The distribution will be payable on July 3, 2013 to shareholders of record as of June 21, 2013.

Whitehorse Finance, LLC announced consolidated financial results for the first quarter ended March 31, 2013. For the quarter, the company reported total investment income of $8.382 million against $9.149 million a year ago. Net investment income was $4.009 million against $8.810 million a year ago. Net realized and unrealized loss on investments was $0.501 million against net realized and unrealized gain on investments of $0.200 million a year ago. Net increase in net assets resulting from operations was $3.508 million against $9.010 million a year ago. Basic and diluted earnings per common share was $0.234. For the quarter ended March 31, 2013, the company reported net investment income and a net unrealized loss on investments, resulting in an increase in net assets from operations of $3.5 million. Net Asset Value was $227.2 million as of March 31, 2013, resulting in an NAV per share of $15.18, compared with $229.0 million and NAV per share of $15.30 reported as of December 31, 2012.

Whitehorse Finance, LLC, Q1 2013 Earnings Call, May 14, 2013