Horizon Technology Finance Corp extended the Legal Final Payment Date for Horizon Funding II’s asset-backed notes to December 10, 2035, through a Second Supplemental Indenture effective September 2, 2026. The change matters to investors because it establishes a later contractual payment endpoint while related funding and servicing agreements were amended.

Key Highlights

  • The Second Amended and Restated Note Funding Agreement supersedes the earlier agreement in its entirety.
  • Amendment No. 2 updates the Sale and Servicing Agreement involving Horizon Technology Finance Corporation and U.S. Bank entities.
  • Horizon Funding II’s Legal Final Payment Date was extended to December 10, 2035.
  • The Second Supplemental Indenture took effect on September 2, 2026.

Horizon Technology Finance Corp (NASDAQ: HRZN) extended the Legal Final Payment Date for Horizon Funding II’s asset-backed notes to December 10, 2035. The change took effect through a Second Supplemental Indenture dated September 2, 2026. Related amendments also covered the note funding arrangement and the Sale and Servicing Agreement tied to the notes.

Horizon Funding II entered into the Second Supplemental Indenture with U.S. Bank Trust Company, National Association, acting as trustee. The supplemental agreement states that the remaining provisions of the Indenture continue in full force and effect.

Funding Agreement Restated

The Second Amended and Restated Note Funding Agreement was entered into by Horizon Funding II and the initial purchasers. The agreement amends, restates and supersedes the earlier Amended and Restated Note Funding Agreement in its entirety. It also states that the amendment does not constitute payment of, or release, cancel or extinguish, obligations and liabilities arising under the earlier agreement. The note funding agreement covers purchases of Class A Notes and Class B Notes and includes provisions for advances, conditions to advances, covenants and reporting obligations.

Sale And Servicing Terms Updated

U.S. Bank National Association serves as backup servicer, custodian, lockbox and securities intermediary. The Second Supplemental Indenture is governed by New York law. The agreement also contains a Waiver of trial by Jury for litigation arising from the amended Indenture and notes.