Horizon Technology Finance Closes $75 Million Term Loan Facility With Fortress Credit

by Eddie Staley, Benzinga Editor

August 23, 2012 4:06 PM | 19 seconds read | Make a Comment

Horizon Technology Finance Corporation

HRZN

a today announced that its wholly owned subsidiary, Horizon Credit III LLC, has closed a new term loan credit facility of $75 million with Fortress Credit Co LLC, an affiliate of Fortress Investment Group LLC

FIG

. The Company received an initial advance of $10 million at closing.

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Horizon Technology Finance Closes $75 Million Term Loan Facility With Fortress Credit