secwatch.observer — SEC 8-K summary
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Issuer:     Horizon Technology Finance Corp (HRZN)
CIK:        0001487428
Form:       8-K
Filed at:   2025-04-28T23:59:59+00:00
Accession:  0001437749-25-013336
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Horizon Technology Finance amends secured loan facility, extends term to June 2027
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- Amended Sale and Servicing Agreement on April 25, 2025; extends Investment Period Termination Date from June 5, 2025 to June 5, 2027.
- New interest rate for advances: greater of 4.60% or Pricing Benchmark plus 2.95% (previously plus 3.20%).
- Added excess concentration limit for loans with original term >5 years but ≤6 years: max 5.0% of Aggregate Outstanding Loan Balance.
- Fifth Supplemental Indenture extends Legal Final Payment Date to June 2032.
- No Rapid Amortization Event or Event of Default existed as of amendment date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1487428/000143774925013336/0001437749-25-013336-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1487428/000143774925013336/hrzn20250425_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-013336

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