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Horizon Technology prices loan securitization
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Horizon Technology Finance Corp. priced its $100.0 million loan securitization.
The transaction includes approximately $160 million in aggregate principal balance of loans across the full credit spectrum. The company expects total proceeds to be $98.8 million, before fees and expenses, after selling the pool of loans to a securitization trust and the issuance of rated notes.
The transaction is expected to close on Aug. 13.