Horizon Technology unit extends facility, doubles to $200 million

By Wendy Van Sickle

Columbus, Ohio, Feb. 28 – Horizon Technology Finance Corp. doubled the maximum commitment amount of its senior secured credit facility with U.S. Bank, NA to $200 million on Feb. 25, according to an 8-K filing with the Securities and Exchange Commission.

Additionally, the final legal payment date was extended to June 2028.

Farmington, Conn.-based Horizon is a specialty finance company that lends to and invests in development-stage companies in the technology, life science, clean-tech and health care information and services industries.

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