Market News / Story
Hercules Capital Closes Institutional Notes Offering of $400.0 Million 6.700% Notes due 2029
BusinessWire ·
BusinessWire reports: Hercules Capital, Inc. ( ) (“Hercules,” “Hercules Capital,” or the “Company”), today announced that it has closed an upsized underwritten public offering of $400.0 million in aggregate principal amount of 6.700% notes due October 2029 (the “Notes”). The Notes are unsecured and bear interest at a rate of 6.700% per year, payable semiannually, will mature on October 8, 2029 and may be redeemed in whole or in part at any time or from time to time at the Company’s option…