WhiteHorse Finance Enters Note Agreement

TL;DR

WHF just signed a deal for new notes due 2028.

AI Summary

On February 22, 2024, WhiteHorse Finance, Inc. entered into a material definitive agreement related to its Seven Point Eight Seven Five Percent Notes due Twenty Twenty-Eight. This filing also includes financial statements and exhibits.

Why It Matters

This filing indicates a new debt instrument for WhiteHorse Finance, Inc., which could impact its capital structure and future borrowing costs.

Risk Assessment

Risk Level: low — The filing is a standard disclosure of a definitive agreement and financial information, not indicating any immediate operational or financial distress.

Key Players & Entities

• WhiteHorse Finance, Inc. (company) — Registrant
• SevenPointEightSevenFivePercentNotesDueTwentyTwentyEightMember (company) — Related to the note agreement
• February 22, 2024 (date) — Date of earliest event reported

FAQ

Key Financial Figures

• $0.001 — h Registered Common Stock, par value $0.001 per share WHF The Nasdaq Stock Mark

Filing Documents

• whf-20240222x8k.htm (8-K) — 43KB
• 0001558370-24-003495.txt ( ) — 200KB
• whf-20240222.xsd (EX-101.SCH) — 4KB
• whf-20240222_def.xml (EX-101.DEF) — 14KB
• whf-20240222_lab.xml (EX-101.LAB) — 20KB
• whf-20240222_pre.xml (EX-101.PRE) — 15KB
• whf-20240222x8k_htm.xml (XML) — 7KB

01. Entry into a Material Definitive Agreement

Item 1.01. Entry into a Material Definitive Agreement As previously disclosed, on February 22, 2024, WhiteHorse Finance, Inc. (the "Company") entered into a Second Amended and Restated Investment Advisory Agreement (the "Investment Advisory Agreement") between the Company and H.I.G. WhiteHorse Advisers, LLC. The Investment Advisory Agreement is substantially the same as the prior investment advisory agreement except that the base management fee is reduced and is calculated at an annual rate of 1.75% of the consolidated gross assets of the Company, including cash and cash equivalents and assets purchased with borrowed funds for the period. The reduced base management fee in the Investment Advisory Agreement is effective as of January 1, 2024. The description above of the Investment Advisory Agreement is only a summary and is qualified in its entirety by reference to the copy of the Investment Advisory Agreement which is filed as Exhibit 10.1 to this current report on Form 8-K and is incorporated herein by reference thereto.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits (d) Exhibits 10.1 Second Amended and Restated Investment Advisory Agreement, dated February 22, 2024, between Registrant and WhiteHorse Advisers (Incorporated by reference to Exhibit 10.5 to the Registrant's Annual Report on Form 10-K, filed on March 5, 2024). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: March 18, 2024 WHITEHORSE FINANCE, INC. By: /s/ Joyson C. Thomas Joyson C. Thomas Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR