secwatch / observer
8-K filed June 16, 2025, 7:59 PM ET ticker HTGC CIK 0001280784
debt confidence high sentiment neutral materiality 0.60

Hercules Capital, Inc. (HTGC): debt financing — Hercules Capital issues $350M 6.000% Notes due 2030; MUFG facility upsized to $440M

Hercules Capital, Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Hercules Capital, Inc. incurred senior notes of $350,000,000 in aggregate principal amount with U.S. Bank Trust Company, National Association at 6.000% per year maturing 2025-06-16.

Instrument
senior notes
Principal
$350,000,000 in aggregate principal amount
Counterparty
U.S. Bank Trust Company, National Association
Rate
6.000% per year
Maturity
2025-06-16
Event
incurrence
Exact text from the filing
Company and the Trustee (together with the Ninth Supplemental Indenture, the “Indenture”). The Ninth Supplemental Indenture relates to the Company’s issuance, offer and sale of $ 350,000,000 in aggregate principal amount of its 6.000% Notes due 2030 (the “Notes”). The Notes will mature on June 16, 2030, unless previously redeemed or repurchased in accordance with
View on SEC.gov
Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Hercules Capital, Inc. amended revolving credit of upsize the facility from $400.0 million to $440.0 million with MUFG Bank, Ltd. at Term SOFR plus a SOFR Margin ranging from 2.50% per annum to 2.75% per annum maturing June 10, 2029.

Instrument
revolving credit
Principal
upsize the facility from $400.0 million to $440.0 million
Counterparty
MUFG Bank, Ltd.
Rate
Term SOFR plus a SOFR Margin ranging from 2.50% per annum to 2.75% per annum
Maturity
June 10, 2029
Event
amendment
Exact text from the filing
ules Funding IV LLC, a Delaware limited liability company and a special purpose wholly-owned subsidiary of the Company (“HFIV”) entered into the Fourth Amendment to Loan and Security Agreement (the “MUFG Fourth Amendment”), with the lenders party thereto, and MUFG Bank, Ltd., as agent, a joint lead arranger, swingline lender and sole bookrunner, which amends the Loan and Security Agreement, dated as of February 20, 2020, as amended by the First Amendment to Loan and Security Agreement, dated as of June 18, 2021, as further amended by the Second Amendment to Loan and Security Agreement, dated as of June 10, 2022, and as further amended by the Third Amendment to Loan and Security Agreement, dated as of January 13, 2023 (the “MUFG Loan Agreement” and, as amended by the MUFG Fourth Amendment, the “MUFG Amended Loan Agreement”), with HFIV, as borrower, the lenders from time to time party ther
View on SEC.gov

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Hercules Capital, Inc. filing history →

Source: SEC EDGAR
accession 0001193125-25-141510
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