Current Report Filing (8-k)
2012年12月8日 - 6:12AM
Edgar (US Regulatory)
UNITED STATES SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event
reported): December 6, 2012
HORIZON TECHNOLOGY FINANCE CORPORATION
(Exact name of registrant as specified in
its charter)
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Delaware
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814-00802
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27-2114934
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(State or other jurisdiction
of incorporation)
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(Commission File Number)
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(I.R.S. Employer Identification No.)
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312 Farmington Avenue
Farmington, CT 06032
(Address of principal executive offices
and zip code)
Registrant’s telephone number, including
area code:
(860) 676-8654
Check the appropriate box below if the Form 8-K is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communication41mbayaqs pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Section 1
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Registrant’ Business and Operations
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Item 1.02
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Termination of a Material Definitive Agreement
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On December 6, 2012, Horizon Credit I LLC
(“HCI”), a wholly-owned subsidiary of Horizon Technology Finance Corporation (the “Company”), repaid all
of its outstanding obligations to Portigon AG, successor in interest to WestLB AG, New York Branch (“WestLB”), pursuant
to a certain Credit and Security Agreement, dated as of March 4, 2008, by and among HCI, as borrower, WestLB, as lender and agent
and U.S. National Bank, as custodian and paying agent (as subsequently amended from time to time, the “WestLB Credit Agreement”)
and terminated the WestLB Credit Agreement. The WestLB Credit Agreement had a facility limit of $125 million and a three year initial
revolving term which expired on March 3, 2011. The revolving loans extended pursuant to the WestLB Credit Agreement were collateralized
by all loans and warrants held by HCI. At September 30, 2012 and December 31, 2011, the Company had actual borrowings outstanding
of approximately $9.6 million and $46.7 million, respectively, under the WestLB Credit Agreement. In connection with the termination
of the WestLB Credit Agreement, the Company also terminated a certain Sale and Contribution Agreement, dated as of March 4, 2008,
by and between Compass Horizon Funding Company, as seller, and HCI, as purchaser (the “Sale and Contribution Agreement”).
The Sale and Contribution Agreement provided for the purchase by HCI of certain loans and warrants which were pledged as collateral
under the WestLB Credit Agreement.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act
of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Date: December 7, 2012
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HORIZON TECHNOLOGY FINANCE CORPORATION
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By:
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/s/ Robert D. Pomeroy, Jr.
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Robert D. Pomeroy, Jr.
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Chief Executive Officer
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Horizon Technology Finance Corp. 7.375% Senior Notes Due 2019 (NYSE:HTF)
過去 株価チャート
から 6 2024 まで 7 2024
Horizon Technology Finance Corp. 7.375% Senior Notes Due 2019 (NYSE:HTF)
過去 株価チャート
から 7 2023 まで 7 2024