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Term Loan Interest Rate Structure

Company: WhiteFiber - Project: NC-1

Subject kind
financing
Statement date
2026-05-26
Current status
stated

The claim, verbatim

Interest rate of 9.5 percent per annum before the Rate Step Down Event, and 8 percent per annum thereafter (Rate Step Down Event occurs when Phase I buildout is substantially completed and 80% of Phase I capacity is leased)

Source (primary)

WhiteFiber 8-K filed 2026-05-27 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “The interest rate is equal to 9.5% per annum before the Rate Step Down Event, and 8% thereafter.”

How we checked this

Attempted on September 14, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/2042022/000121390026061575/ea0292280-8k_white.htm) in full (12,105 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms WhiteFiber 8-K filed 2026-05-27

Quote: “The interest rate is equal to 9.5% per annum before the Rate Step Down Event, and 8% thereafter.”

View cached copy (2026-08-31)Live source ↗