Hercules Capital Prices Upsized Institutional Notes Offering of $400.0 Million 6.70% Notes due 2029
Hercules Capital priced an upsized $400.0 million public offering of 6.70% unsecured notes due October 8, 2029, with settlement expected October 8, 2026. Proceeds are earmarked to repay outstanding secured and unsecured indebtedness, fund new investments consistent with its venture-lending objectives, and for general corporate purposes.
Key figures
- Deal Value Usd
- 400000000
- Coupon
- 6.70%
- Maturity
- October 8, 2029
- Security type
- unsecured notes
- Settlement date
- 2026-10-08
AI analysis
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