Item 1.01. Entry into a Material Definitive Agreement.

On April 12, 2023, WhiteHorse Finance Credit I, LLC ("WhiteHorse Credit"), a wholly owned subsidiary of WhiteHorse Finance, Inc. (the "Company"), entered into a Sixth Amendment by and among WhiteHorse Credit, as borrower, JPMorgan Chase Bank, National Association, as lender and administrative agent, Citibank, N.A., as collateral agent and securities intermediary, the Company, as portfolio manager, and Virtus Group LP, as collateral administrator (the "Sixth Amendment") to amend the terms of the Fifth Amended and Restated Loan Agreement, dated April 28, 2021 (as previously amended on July 15, 2021, October 4, 2021, January 4, 2022, February 4, 2022 and March 30, 2022), by and among WhiteHorse Credit, as borrower, JPMorgan Chase Bank, National Association, as lender and administrative agent, Citibank, N.A., as collateral agent and securities intermediary, the Company, as portfolio manager, and Virtus Group LP, as collateral administrator (as amended, the "Amended Loan Agreement"). As amended by the Sixth Amendment, the Amended Loan Agreement, among other things: (i) applies an annual interest rate equal to applicable SOFR plus 2.50% to any borrowings under the credit facility and (ii) adds recurring revenue loans as a permitted investment type. The inclusion of recurring revenue loans as a permitted investment type is subject to certain limitations, including that (A) not more than 15% of the aggregate principal balance of WhiteHorse Credit's portfolio debt instruments may consist of recurring revenue loans and certain other loan types and (B) not more than 5% of the principal balance of WhiteHorse Credit's portfolio debt instruments may consist of recurring revenue loans.

The description above is only a summary of the modifications pursuant to the Sixth Amendment and is qualified in its entirety by reference to a copy of the Sixth Amendment which attaches the Amended Loan Agreement, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K.

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 2.03.





Forward-Looking Statements

This Current Report on Form 8-K may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this Current Report on Form 8-K may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in filings with the Securities and Exchange Commission. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this Current Report on Form 8-K.

Item 9.01. Financial Statements and Exhibits.





(d) Exhibits


  10.1     Sixth Amendment to Fifth Amended and Restated Loan Agreement, dated April
         12, 2023, by and among WhiteHorse Finance Credit I, LLC, as borrower,
         JPMorgan Chase Bank, National Association, as lender and administrative
         agent, Citibank, N.A., as collateral agent and securities intermediary,
         WhiteHorse Finance, Inc., as portfolio manager, and Virtus Group LP, as
         collateral administrator
104      Cover Page Interactive Data File (embedded within the Inline XBRL document)

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