secwatch.observer — SEC 8-K summary
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Issuer:     Horizon Technology Finance Corp (HRZN)
CIK:        0001487428
Form:       8-K
Filed at:   2022-11-14T23:59:59+00:00
Accession:  0001437749-22-027299
Event type: debt
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Horizon Technology Finance completes $158M securitization, issues $100M Notes at 7.56%
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- Completed securitization of $158M secured loans via wholly-owned subsidiary Horizon Funding Trust 2022-1.
- Issued $100M fixed-rate asset-backed notes rated A, bearing 7.56% interest, maturing Nov 15, 2030.
- KeyBanc Capital Markets acted as initial purchaser; proceeds to repay $87.5M credit facility (7.25%) and for working capital.
- Transaction increases capacity to originate new venture debt loans, positions to deliver long-term shareholder value.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1487428/000143774922027299/0001437749-22-027299-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1487428/000143774922027299/hrzn20221111_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-027299

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer