---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-268989"
form_type: "8-K"
ticker: "HTGC"
cik: "0001280784"
company_name: "Hercules Capital, Inc."
filed_at: "2024-12-02T23:59:59+00:00"
generated_at: "2026-05-29T10:57:19.792072+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Hercules Capital upsizes SMBC credit facility to $300M, extends maturity to 2029

## Summary
- SMBC credit facility increased from $225M to $300M; accordion feature allows expansion up to $500M.
- Maturity date extended to November 2029 (from Nov 2026), with a 12-month amortization period.
- Interest: ABR loans at 1.00% + alternate base rate; Term Benchmark/RFR loans at 2.00% + adjusted term benchmark rate.
- Participating lenders: SMBC, Synovus Bank, Customers Bank, Apple Bank.
- CFO Seth Meyer stated the renewal strengthens capital resources and operational flexibility while maintaining optimal cost of capital.

## SEC filing metadata
- accession: 0001193125-24-268989
- form_type: 8-K
- ticker: HTGC
- cik: 0001280784
- company_name: Hercules Capital, Inc.
- filed_at: 2024-12-02T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1280784/000119312524268989/0001193125-24-268989-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1280784/000119312524268989/d829556d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-268989
- JSON: https://secwatch.observer/filing/0001193125-24-268989.json
- Plain text: https://secwatch.observer/filing/0001193125-24-268989.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.