Horizon Technology Finance Corporation Announces Amendment to Loan Agreement with New Fixed Interest Rate and Extended Payment Terms

Reuters
05/28
<a href="https://laohu8.com/S/HTFA">Horizon Technology Finance Corporation</a> Announces Amendment to Loan Agreement with New Fixed Interest Rate and Extended Payment Terms

Horizon Technology Finance Corporation has announced a significant update regarding its financial agreements. On May 23, 2025, Horizon Funding II, LLC, a wholly owned subsidiary of the company, executed a First Supplemental Indenture with U.S. Bank Trust Company, National Association, amending the existing Indenture dated June 21, 2024. This amendment extends the Legal Final Payment Date to June 2034. Additionally, the company has entered into an Amended and Restated Note Funding Agreement, increasing the commitment amount to $200 million and extending the investment period termination date to June 21, 2028. Interest rates for new borrowings have been fixed at the greater of 5.00% or the Pricing Benchmark plus 2.95%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Horizon Technology Finance Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-25-018498), on May 27, 2025, and is solely responsible for the information contained therein.

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