---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-018948"
form_type: "8-K"
ticker: "HRZN"
cik: "0001487428"
company_name: "Horizon Technology Finance Corp"
filed_at: "2023-06-30T23:59:59+00:00"
generated_at: "2026-06-13T13:53:01.681758+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Horizon Tech Finance increases HCII credit facility from $125M to $150M

## Summary
- Amendment No. 1 to Loan Agreement raises facility size to $150 million from $125 million.
- Amendment executed June 29, 2023 by Horizon Credit II LLC, KeyBank, MUFG Bank, and Mitsubishi HC Capital.
- Concurrent Amendment No. 1 to Sale and Servicing Agreement also executed with same counterparties.
- Conditions precedent included payment of lender fees and no continuing default.

## SEC filing metadata
- accession: 0001437749-23-018948
- form_type: 8-K
- ticker: HRZN
- cik: 0001487428
- company_name: Horizon Technology Finance Corp
- filed_at: 2023-06-30T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1487428/000143774923018948/0001437749-23-018948-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1487428/000143774923018948/hrzn20230627c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-018948
- JSON: https://secwatch.observer/filing/0001437749-23-018948.json
- Plain text: https://secwatch.observer/filing/0001437749-23-018948.txt

## Key facts
- Material Agreements
  Horizon Technology Finance Corp amended Amendment No. 1 to Second Amended and Restated Loan and Security Agreement with KeyBank National Association valued at $150 million (effective 2023-06-29).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: KeyBank National Association
  - Value: $150 million
  - Effective: 2023-06-29
  source text: On June 29, 2023, Horizon Credit II LLC (“ HCII ”), a Delaware limited liability company and wholly owned subsidiary of Horizon Technology Finance Corporation (the “ Company ”), executed an Amendment No. 1 to Second Amended and Restated Loan and Security Agreement, by and among HCII, as borrower, the lenders that are signatories thereto, and KeyBank National Association (“ KeyBank ”), as arranger and agent for the lenders (“ Amendment No. 1 to Loan Agreement ”), which amended that certain Second Amended and Restated Loan and Security Agreement, dated as of June 22, 2021, by and among HCII, as borrower, the lenders that are signatories thereto, and Key Bank National Association, as arranger and agent for the lenders. Amendment No. 1 to Loan Agreement, among other things, increases the Facility Amount from $125 million to $150 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1487428/000143774923018948/0001437749-23-018948-index.htm
- Material Agreements
  Horizon Technology Finance Corp amended Amendment No. 1 to Second Amended and Restated Sale and Servicing Agreement with KeyBank National Association valued at Amendment to Second Amended and Restated Sale and Servicing Agreement (effective 2023-06-29).
  - Action: amendment
  - Counterparty: KeyBank National Association
  - Value: Amendment to Second Amended and Restated Sale and Servicing Agreement
  - Effective: 2023-06-29
  source text: On June 29, 2023, HCII and the Company executed an Amendment No. 1 to Second Amended and Restated Sale and Servicing Agreement by and among HCII, as buyer, the Company, as originator and servicer, Horizon Technology Finance Management LLC (“ HTFM ”), as sub-servicer, U.S. Bank National Association (“ U.S. Bank ”), as collateral custodian and backup servicer, and KeyBank, as agent for the lenders (“ Amendment No. 1 to S&S Agreement ”), which amends that certain Second Amended and Restated Sale and Servicing Agreement, dated as of June 22, 2021, by and among, HCII, as buyer, the Company, as originator and servicer, HTFM, as sub-servicer, U.S. Bank, as collateral custodian and backup servicer, and KeyBank, as agent for the lenders.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1487428/000143774923018948/0001437749-23-018948-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.