Hercules Capital completed a financing transaction centered on the issuance of $325 million of 6.300% senior unsecured notes due July 24, 2031, under an Eleventh Supplemental Indenture with U.S. Bank Trust Company. In support of the offering, the company also entered into an underwriting agreement with Goldman Sachs & Co. and SMBC Nikko Securities America, acting as representatives of the underwriters. Interest on the notes is payable semiannually beginning January 24, 2027, and the securities are redeemable at par plus a make-whole premium, if applicable. Hercules Capital plans to use the proceeds to repay outstanding indebtedness, fund investments, and for general corporate purposes.
Agreement 1: Hercules Capital Issues $325 Million 6.300% Notes Due 2031 Under Supplemental Indenture
- Agreement type: Eleventh Supplemental Indenture for 6.300% Senior Notes due 2031
- Counterparty: U.S. Bank Trust Company
- Signed / Effective: Jul 24 2026 / same
- Duration / Termination: 5 years
- Reason: Refinance debt and fund investments
Agreement 2: Hercules Capital Enters Underwriting Agreement With Goldman Sachs and SMBC Nikko for Notes Offering
- Agreement type: Underwriting agreement for public notes offering
- Counterparty: Goldman Sachs & Co. and SMBC Nikko Securities America, as representatives of the underwriters
- Signed / Effective: Jul 21 2026 / same
- Duration / Termination: Transaction-specific
- Reason: Facilitate public offering of notes
Original SEC Filing:
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