secwatch.observer — SEC 8-K summary
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Issuer:     Hercules Capital, Inc. (HTGC)
CIK:        0001280784
Form:       8-K
Filed at:   2022-06-15T23:59:59+00:00
Accession:  0001193125-22-174805
Event type: debt
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hercules Capital expands credit facilities to $720M from $500M to support portfolio growth
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- MUFG facility increased from $400M to $545M; SMBC facility increased from $100M to $175M.
- Uncommitted accordion on SMBC facility expanded to $325M (total capacity $500M).
- Synovus Financial Corporation provided a new $75M commitment under the SMBC facility.
- Maturity dates for both facilities remain unchanged; LIBOR replaced with SOFR benchmarks.
- Company cites strong investment pipeline and market opportunities for the expansion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1280784/000119312522174805/0001193125-22-174805-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1280784/000119312522174805/d371200d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-174805

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