Distributions are paid from taxable earnings and may include 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. Recent Developments On July 16, 2013, WhiteHorse Finance priced an offering of $30.0 million of aggregate principal amount of senior notes (the Notes), the net proceeds of which were used to reduce outstanding obligations under the Companys unsecured term loan. The Notes mature on July 31, 2020. The underwriters may exercise their option to purchase up to an additional $4.5 million aggregate principal amount of Notes from the Company to cover over-allotments, if any, on or before August 15, 2013.
Liberia: Finance Minister Seeks Loan in China
Serbian Yale graduate Lazar Krstic, who is about 30, met Serbian deputy Prime Minister Aleksandar Vucic in Belgrade on Monday, the source said, and Serbian daily Blic said talks would continue over the next few days and that an agreement was near. “Everything points to an agreement and we expect the public will be officially informed in the coming days,” Blic said. If confirmed as finance minister, Krstic will take on the challenge of reining in Serbia’s growing budget gap and public debt, which have all but buried hopes of a new precautionary loan deal with the International Monetary Fund. Prime Minister Dacic is expected to present his new cabinet line-up to parliament on Aug. 26.
Serbia may hire McKinsey consultant as finance minister -source
Konneh, heading a high power government delegation, has left the country for China and India. The delegation is expected to meet with senior officials of China Export-Import (Exim) Bank and the India’s Ministry of Finance to discuss the possibilities of securing loan to finance infrastructure projects in Liberia. Those forming part of the Government delegation include the Ministry of Justice, National Investment Commission, House of Representative, the Liberian Senate, and the Ministry of Public Works. A Finance Ministry release said some of the projects high on the agenda for financing with proceeds from the loan include the Gbarnga-Mendicoma highway; the Ganta -Zwedru highway; the transmission and distribution lines in Monrovia; the Roberts International Airport, among others.