Horizon Technology Finance Corporation has announced the closing of a public offering of $57.5 million in aggregate principal amount of its 7.00% Notes due 2028. The offering was executed in connection with a Fifth Supplemental Indenture between the company and U.S. Bank National Association, as trustee. The company intends to use the net proceeds to redeem its outstanding 2026 Notes and for general corporate purposes, with temporary investment in cash equivalents or short-term high-quality debt instruments pending such use.
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