Horizon Technology Terminates Fortress Term Loan
Horizon Technology Finance announced the termination of its term loan facility with Fortress Credit in order to “significantly” reduce its future interest expense.
Horizon Technology Finance announced the termination of its term loan facility with Fortress Credit in order to “significantly” reduce its future interest expense.
Xtreme Power won bankruptcy court approval to eliminate a February deadline for bids, and instituted a straight auction process in March. Horizon Technology Finance will provide DIP financing and serve as the stalking horse.
Specialty finance company Horizon Technology Finance announced it led an $8 million venture loan for AccuVein, a developer of vein illumination technology.
Horizon Technology Finance announced it closed a $10 million venture loan facility to Mederi Therapeutics.
Horizon Technology Finance said it renewed and amended its revolving credit facility previously administered by Wells Fargo Capital Finance and facilitated the assignment of all rights under the facility to Key Equipment Finance.
Horizon Technology Finance announced it led a $6 million venture loan facility for Nanocomp Technologies, a developer of high performance materials and component products made from carbon nanotubes.
Horizon Technology led a $6 million venture loan facility for Ekahau, a provider of Wi-Fi-based real-time location systems.
Overture Networks secured a $10 million venture loan with Horizon Technology Finance. The new facility follows a recently announced $8 million equity investment.