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Horizon Technology unit bumps up loan commitments by $25 million
By Mary-Katherine Stinson
Lexington, Ky., June 30 – Horizon Technology Finance Corp. announced that wholly owned subsidiary Horizon Credit II LLC has amended its second amended and restated loan and security agreement to increase the facility amount by $25 million, raising it to $150 million, according to an 8-K filing with the Securities and Exchange Commission.
The facility previously totaled $125 million.
KeyBank NA is the arranger and agent.
In addition, on June 29 Horizon Credit and Horizon Technology executed an amendment to its second amended and restated sale and servicing agreement.
Both agreements are dated June 22, 2021.
The specialty finance company is based in Farmington, Conn.
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