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Hercules Capital Closes Upsized Institutional Notes Offering of $350.0 Million 6.000% Unsecured Notes due 2030

1. HTGC closed a $350 million public offering of 6% unsecured notes. 2. Funds from the offering can boost liquidity and future investments.

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Why Bullish?

The successful capital raise strengthens HTGC’s liquidity, enhancing growth potential. Historically, such offerings have supported stock price increases by improving financial stability.

How important is it?

This offering indicates strong market confidence and may positively affect investor perception. Additionally, the increase in liquidity can be essential for capitalizing on future opportunities.

Why Long Term?

The funds raised will likely support long-term strategic initiatives, potentially increasing profitability over time. Past instances show that effective capital management positively influences stock performance long-term.

Related Companies

SAN MATEO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), today announced that it has closed an upsized underwritten public offering of $350.0 million in aggregate principal amount of 6.000% notes due June 2030 (the “Notes”). The Notes are unsecured and bear interest at a rate of 6.000% per year, payable semiannually, will mature on June 16, 2030 and may be redeemed in whole or in part at any time or from time to time at the Company's option at par,.

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