secwatch.observer — SEC 8-K summary
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Issuer:     Hercules Capital, Inc. (HTGC)
CIK:        0001280784
Form:       8-K
Filed at:   2025-02-05T23:59:59+00:00
Accession:  0001193125-25-020850
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1280784/000119312525020850/0001193125-25-020850-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1280784/000119312525020850/d909893d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-020850

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