---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-020850"
form_type: "8-K"
ticker: "HTGC"
cik: "0001280784"
company_name: "Hercules Capital, Inc."
filed_at: "2025-02-05T23:59:59+00:00"
generated_at: "2026-05-27T02:25:56.105372+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Hercules Capital extends SMBC LC facility maturity to Feb 2028, adjusts margins and fees

## Summary
- Maturity extended from Jan 13, 2026 to Feb 5, 2028.
- Margin on term benchmark/RFR disbursements lowered from 1.475% to 1.450% when borrowing base < 1.6x LC exposure.
- Commitment fee increased from 0.35% to 0.40% per annum on average daily unused commitment.

## SEC filing metadata
- accession: 0001193125-25-020850
- form_type: 8-K
- ticker: HTGC
- cik: 0001280784
- company_name: Hercules Capital, Inc.
- filed_at: 2025-02-05T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1280784/000119312525020850/0001193125-25-020850-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1280784/000119312525020850/d909893d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-020850
- JSON: https://secwatch.observer/filing/0001193125-25-020850.json
- Plain text: https://secwatch.observer/filing/0001193125-25-020850.txt

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