Horizon closes $100M secured credit facility, expandable to $200M

Horizon Technology Finance Corp

New facility via subsidiary HFII; capacity may increase to $200M with mutual consent.
One-year funding period, three-year reinvestment period; matures June 2033.
Interest rate: greater of interpolated 4.88-yr Treasury yield + 3.15% or 5.00%.
Maximum advance rate of 67.5% based on number of distinct obligor collateral.
Proceeds to leverage existing investments and fund new venture debt loans.

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