Hercules Capital to Launch $250 Million Offering of Convertible Unsecured Notes

MT Newswires Live

2025/03/05

Hercules Capital (HTGC) said Wednesday it plans to launch a $250 million offering of its convertible unsecured notes due 2028.

The company plans to grant the initial purchasers an option to purchase up to an additional $37.5 million of the notes to cover overallotments, if any. The notes will be offered only to qualified institutional buyers.

The convertible notes will be unsecured, will pay interest semiannually, and will be convertible under specified circumstances based on a conversion rate to be determined. They will mature on September 1, 2028, unless repurchased or converted in accordance with their terms.

The interest rate, initial conversion rate and other terms will be determined upon negotiations between the company and the initial purchasers.

The company intends to use the net proceeds from this offering to fund investments in debt and equity securities in accordance with its investment objective, and for working capital and other general corporate purposes.

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

热议股票

{"basename":"/hans","ssrTDKData":{"titleTemplate":"%s - 老虎证券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎证券,老虎证券开户,老虎券商,老虎证券官网,老虎证券app,tigertrade老虎证券,股票,炒股,新加坡股票交易平台,投资,投资理财","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hans/news/2517898914"},"companyName":"老虎证券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2517898914\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2517898914?lang=zh_CN&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-03-05 21:27","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2517898914","market":"fut","top_or_hot":-1,"title":"Hercules Capital to Launch $250 Million Offering of Convertible Unsecured Notes","media":"MT Newswires Live","content":"<html><body><p> Hercules Capital (HTGC) said Wednesday it plans to launch a $250 million offering of its convertible unsecured notes due 2028.</p><p>The company plans to grant the initial purchasers an option to purchase up to an additional $37.5 million of the notes to cover overallotments, if any. The notes will be offered only to qualified institutional buyers.</p><p>The convertible notes will be unsecured, will pay interest semiannually, and will be convertible under specified circumstances based on a conversion rate to be determined. They will mature on September 1, 2028, unless repurchased or converted in accordance with their terms.</p><p>The interest rate, initial conversion rate and other terms will be determined upon negotiations between the company and the initial purchasers.</p><p>The company intends to use the net proceeds from this offering to fund investments in debt and equity securities in accordance with its investment objective, and for working capital and other general corporate purposes.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hercules Capital to Launch $250 Million Offering of Convertible Unsecured Notes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHercules Capital to Launch $250 Million Offering of Convertible Unsecured Notes\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-03-05 21:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Hercules Capital (HTGC) said Wednesday it plans to launch a $250 million offering of its convertible unsecured notes due 2028.</p><p>The company plans to grant the initial purchasers an option to purchase up to an additional $37.5 million of the notes to cover overallotments, if any. The notes will be offered only to qualified institutional buyers.</p><p>The convertible notes will be unsecured, will pay interest semiannually, and will be convertible under specified circumstances based on a conversion rate to be determined. They will mature on September 1, 2028, unless repurchased or converted in accordance with their terms.</p><p>The interest rate, initial conversion rate and other terms will be determined upon negotiations between the company and the initial purchasers.</p><p>The company intends to use the net proceeds from this offering to fund investments in debt and equity securities in accordance with its investment objective, and for working capital and other general corporate purposes.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4135","symbol_name":"资产管理与托管银行","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2517898914","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2517898914","pubTimestamp":1741181251,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Hercules Capital  said Wednesday it plans to launch a $250 million offering of its convertible unsecured notes due 2028.The company plans to grant the initial purchasers an option to purchase up to an additional $37.5 million of the notes to cover overallotments, if any. The notes will be offered only to qualified institutional buyers.The convertible notes will be unsecured, will pay interest semiannually, and will be convertible under specified circumstances based on a conversion rate to be determined. They will mature on September 1, 2028, unless repurchased or converted in accordance with their terms.The interest rate, initial conversion rate and other terms will be determined upon negotiations between the company and the initial purchasers.The company intends to use the net proceeds from this offering to fund investments in debt and equity securities in accordance with its investment objective, and for working capital and other general corporate purposes.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4135":"资产管理与托管银行","HTGC":"海格投资"},"translate_title":"Hercules Capital将发行2.5亿美元的可转换无担保票据","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HTGC":1},"content_text":"Hercules Capital (HTGC) said Wednesday it plans to launch a $250 million offering of its convertible unsecured notes due 2028.The company plans to grant the initial purchasers an option to purchase up to an additional $37.5 million of the notes to cover overallotments, if any. The notes will be offered only to qualified institutional buyers.The convertible notes will be unsecured, will pay interest semiannually, and will be convertible under specified circumstances based on a conversion rate to be determined. They will mature on September 1, 2028, unless repurchased or converted in accordance with their terms.The interest rate, initial conversion rate and other terms will be determined upon negotiations between the company and the initial purchasers.The company intends to use the net proceeds from this offering to fund investments in debt and equity securities in accordance with its investment objective, and for working capital and other general corporate purposes.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}