Hercules Capital (HTGC) Announces $250M Convertible Unsecured Notes Offering
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Hercules Capital Announces Offering of $250.0 Million of Convertible Unsecured Notes
March 5, 2025 7:30 AM ESTSAN MATEO, Calif.--(BUSINESS WIRE)-- Hercules Capital, Inc. (NYSE: HTGC) (Hercules or the Company), today announced that it plans to make an offering of $250.0 million aggregate principal amount of its Convertible Unsecured Notes due 2028 (the Convertible Notes). The Company plans to grant the initial purchasers an option to purchase up to an additional $37.5 million principal amount of the Convertible Notes to cover overallotments, if any. The Convertible Notes will be offered only to qualified institutional buyers (as defined in the Securities Act of 1933, as amended (the Securities Act)) pursuant to Rule 144A under the... More
