debt
confidence high
sentiment neutral
materiality 0.60
Hercules Capital issues $325M of 6.300% Notes due 2031
Hercules Capital, Inc.
- Issued $325M aggregate principal of 6.300% Notes due July 24, 2031; interest paid semiannually.
- Notes are unsecured, rank pari passu with existing unsecured debt, and structurally subordinated to subsidiary debt.
- Net proceeds to repay outstanding unsecured/secured indebtedness and fund investments.
- Underwriting agreement with Goldman Sachs & Co. LLC and SMBC Nikko Securities America, Inc.
- Offering closed July 24, 2026; registered under Form N-2 (No. 333-283735).