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Horizon Technology boosts borrowing capacity

Aug. 12, 2015 4:40 PM ETHorizon Technology Finance (HRZN)By: Stephen Alpher, SA News Editor
  • The revolver for Horizon Credit II, LLC has been boosted to $70M with the addition of a $20M commitment from AloStar Bank of Commerce.
  • The amendment also extends the time for which NASDAQ:HRZN can draw on the line as well as the maturity by two years.
  • The accordion feature continues to allow for an increase in total loan commitments to $150M.
  • Source: Press Release

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