SAN MATEO, Calif.-- Hercules Capital, Inc. $(HTGC)$ has announced the pricing of an upsized underwritten public offering of $350.0 million in aggregate principal amount of 6.000% notes due June 2030. The Notes are unsecured and carry an interest rate of 6.000% per year, which will be payable semiannually. They are set to mature on June 16, 2030. The transaction is expected to close on June 16, 2025, subject to customary closing conditions. The company retains the option to redeem the Notes, in whole or in part, at any time at par, with a "make whole" premium if applicable.
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