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Hercules Capital Issues $400 Million 6.700% Senior Notes Due 2029 to Refinance Debt
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Hercules Capital entered into a Twelfth Supplemental Indenture with U.S. Bank Trust Company to issue $400 million of 6.700% senior unsecured notes due October 8, 2029. Interest is payable semiannually on April 8 and October 8, beginning April 8, 2027, and the notes may be redeemed at the company’s option subject to a make-whole premium. Proceeds are expected to repay outstanding debt, fund new investments, and support general corporate purposes. Agreement details:…
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