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WhiteHorse pushes out temporary increase to credit facility
By Wendy Van Sickle
Columbus, Ohio, Jan. 10 – WhiteHorse Finance, Inc.’s wholly owned subsidiary WHF Finance Credit I, LLC extended its temporary increase of its credit facility to $335 million from $285 million, according to an 8-K filing with the Securities and Exchange Commission.
Under the latest amendment, the company has access to the increased facility for a four-month period started Oct. 4, which reflects an increase of one month. The amendment was entered on Jan. 4.
The amendment applies to the fifth amended and restated loan agreement from April 28, 2021.
JPMorgan Chase Bank, NA is the lender and administrative agent.
Citibank, NA is the collateral agent and securities intermediary.
Virtus Group LP is the collateral administrator.
WhiteHorse is a Miami-based business development company that originates and invests in loans to privately held small-cap companies.
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