debt
confidence high
sentiment negative
materiality 0.75
WhiteHorse Finance reduces credit facility commitments from $335M to $100M
WhiteHorse Finance, Inc.
- Financing commitments cut to $100M on Optional Commitment Reduction Date (June 23, 2025), down from $335M.
- Company lost the right to prepay advances on the Optional Commitment Reduction Date under the Eleventh Amendment.
- Minimum Funding Amount falls to $0 after Optional Commitment Reduction Date, then steps up to 50% over 6 months.
- Amendment executed June 27, 2025; JPMorgan Chase remains sole lender with reduced exposure.
- No premium or penalty applies to this reduction in commitments.
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