WhiteHorse Finance, Inc. Reports Second Quarter 2013 Earnings Results
Rejecting that rationale, the BJP allegedly said the Finance Minister should furnish any clarifications on the Congress president’s behalf. Congress’s Manish Tiwari said they will not allow a discussion on Mr Vadra since there was “no question of having a discussion on a private individual in the House.” The Congress has also tried to shore up support from its allies to combat the onslaught. UP powerhouse Mayawati showed she is a reliable friend by carefully stating that while the Congress should answer the questions around Mr Vadra, his mother-in-law cannot be held responsible even if graft is proven. Mayawati’s BSP does not participate in the union government, but lends crucial external support along with Mulayam Singh Yadav and his Samjawadi Party.
Proceeds from sales and repayments totaled $14.8 million for the same period. On June 28, 2013, the Company amended its agreement with GMT Global, extending the maturity date of the loan by one year to June 30, 2014 and receiving additional security enhancements. The annual interest rate on the Companys loan to GMT Global remains unchanged at 25.0%. Results of Operations For the three and six months ended June 30, 2013, WhiteHorse Finance reported net investment income of $4.9 million and $8.9 million, respectively, for a quarter to quarter increase of 21.0%. For the three and six months ended June 30, 2013, WhiteHorse Finance reported unrealized depreciation of investments of $1.7 million and $2.2 million, respectively.