Item 1.01. Entry into a Material Definitive Agreement

On December 21, 2020, WhiteHorse Finance Credit I, LLC ("WhiteHorse Credit"), a wholly owned subsidiary of WhiteHorse Finance, Inc. (the "Company"), amended the terms of the Fourth Amended and Restated Loan Agreement, dated November 22, 2019, by and among WhiteHorse Credit, as borrower, the Company, as portfolio manager, JPMorgan Chase Bank, National Association, as administrative agent and lender, and the financial providers party thereto (as amended, the "Amended Loan Agreement"). The Amended Loan Agreement, among other things, (i) increases the minimum funding amount from $175 million to $200 million, (ii) increases the size of the facility from $250 million to $285 million and retains an accordion feature which allows for the expansion of the borrowing limit up to $350 million and (iii) provides for the implementation of certain changes relating to the transition away from the London Interbank Offered Rate in the market.

The description above is only a summary of the material terms included in the Amended Loan Agreement and is qualified in its entirety by reference to a copy of the Amended Loan Agreement, 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       First Amendment to Fourth Amended and Restated Loan Agreement, dated
           December 21, 2020 by and among WhiteHorse Finance Credit I, LLC, as
           borrower, the Company, as the portfolio manager, JPMorgan Chase Bank,
           National Association, as administrative agent and lender, and the
           financial providers party thereto.

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