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Hercules Receives Investment Grade Credit Rating From Standard & Poor’s on Its Family of Unsecured Notes

HTGC, -1.05% (“Hercules” or the “Company”) today announced that Standard & Poor’s Ratings Services (“S&P”) has assigned a BBB- rating to the following Hercules unsecured notes: 6.25% Notes due July 2024; 7.00% Notes due April 2019; and, 7.00% Notes due September 2019. This rating will also cover the additional $65.4 million in aggregate principal amount of 6.25% Notes due July 2024 which the Company expects to issue on May 2, 2016 pursuant to an underwritten public offering. S&P issued a statement announcing the credit rating and stable outlook in conjunction with the recent additional offering of the 6.25% Notes due July 2024, and subsequently assigned a BBB- credit rating to both the 7.00% Notes.

About Hercules Capital, Inc.

Hercules Capital, Inc. HTGC, -1.05% (“Hercules”) is the leading and largest specialty finance company focused on providing senior secured venture growth loans to high-growth, innovative venture capital-backed companies in a broadly diversified variety of technology, life...


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