Hercules Capital prices $400 million 6.70% notes offering due 2029
HTGC•Hercules Capital priced an upsized $400 million offering of unsecured notes bearing 6.70% interest and due October 8, 2029. Proceeds are earmarked for debt repayment, investment funding and general corporate purposes.
1. Notes offering
Hercules Capital priced an upsized $400 million offering of unsecured notes bearing 6.70% interest and maturing October 8, 2029. Interest will be paid semiannually, and settlement is expected on October 8, 2026.
2. Use of proceeds
The company plans to use the proceeds for debt repayment, investment funding and general corporate purposes.
