Hercules Capital issues $400 million of 6.7% unsecured notes due 2029 under U.S. Bank Trust indenture
Bitget2026/10/08 20:19Hercules Capital entered a twelfth supplemental indenture with U.S. Bank Trust Company, National Association, to issue USD 400 million 6.700% Notes due 2029. Notes mature Oct. 8, 2029; interest paid semiannually on April 8 and Oct. 8, starting April 8, 2027. Unsecured obligations; senior to expressly subordinated debt; pari passu with other unsubordinated liabilities; effectively junior to secured debt. Net proceeds earmarked for repaying outstanding unsecured or secured borrowings under financing arrangements, funding investments, general corporate purposes. Transaction closed Oct. 8, 2026; notes are redeemable at par with a make-whole premium, if applicable. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hercules Capital Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-065459), on October 08, 2026, and is solely responsible for the information contained therein.
- Hercules Capital entered a twelfth supplemental indenture with U.S. Bank Trust Company, National Association, to issue USD 400 million 6.700% Notes due 2029.
- Notes mature Oct. 8, 2029; interest paid semiannually on April 8 and Oct. 8, starting April 8, 2027.
- Unsecured obligations; senior to expressly subordinated debt; pari passu with other unsubordinated liabilities; effectively junior to secured debt.
- Net proceeds earmarked for repaying outstanding unsecured or secured borrowings under financing arrangements, funding investments, general corporate purposes.
- Transaction closed Oct. 8, 2026; notes are redeemable at par with a make-whole premium, if applicable.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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