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Borrower record · Q2 2026

Texas Express Wash

As filed by WhiteHorse Finance, Inc. · period end 30 June 2026No sector — one filer, nothing to corroborate

WhiteHorse Finance, Inc. is the only BDC lending to Texas Express Wash: $13.2m across four positions at Q2 2026, marked at 103.1 cents. One of the four positions pays interest in kind, at 700bp.

Filed fair value
$13.2m
4 funded positions
Aggregate mark
103.1c
cost filed on all 4 positions
Median spread
650bp
over SOFR, 3 tranches
Maturities to
2031
earliest November 2030
Periods on record
3
Q4 2025 → Q2 2026

How this total is counted

Pricing as filed

3 floating tranches · SOFR

650bp on all 3 floating tranches — every filer reports the same spread.

3 tranches carry an index floor of 1%.

Capital structure

First-Lien Senior Secured3 positions
$11.6m
88.1%
Second-Lien Secured1 position
$1.6m
11.9%

All 4 funded positions carry a filed seniority.

Rate structure

Floating3 positions
$11.6m
88.1%
Fixed1 position
$1.6m
11.9%

88.1% floating by classified fair value.

Maturity profile

all 4 funded positions dated
2030
$11.6m
2031
$1.6m

4.5 years to maturity, weighted by fair value across the 4 dated positions.

Filed over time

3 periods · aggregate only

Filed fair value

$12.3m
Q4 2025
$12.6m
Q1 2026
$13.2m
Q2 2026

Aggregate marknot to zero

100.0c
Q4 2025
102.0c
Q1 2026
103.1c
Q2 2026

Q4 2025, Q1 2026, Q2 2026 — every filer reporting the borrower at each period, aggregated. No lender is separated out at any period.

Credit flags

Pays in kind1 position at 1 lender carry a PIK component, the largest filed at 700bp, $1.6m of fair value.

Not in the filings

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Tell me when this changes.

One lender reports Texas Express Wash today. We will email you when a second one does, when WhiteHorse Finance, Inc.'s mark moves, or when the position leaves the schedule.

Every filing behind this page

1 filer · Q2 2026
FilerCIKFormPeriodFiledAccession
WhiteHorse Finance, Inc. (WHF)000155219810-Q2026-06-302026-08-100001104659-26-093465

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