Horizon Technology Finance Sells $20 Million in Convertible Notes

MT Newswires Live

2024/10/19

Horizon Technology Finance (HRZN) said in a regulatory filing Friday that it sold $20 million in convertible notes, which carry an annual interest rate of 7.125% and will mature in 2031.

The company said it will use the net proceeds of about $18.6 million to invest and for general corporate purposes.

Price: 10.28, Change: -0.05, Percent Change: -0.53

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