Welcome to our dedicated page for Hercules Capital news (Ticker: HTGC), a resource for investors and traders seeking the latest updates and insights on Hercules Capital stock.
Hercules Capital, Inc. (NYSE: HTGC) generates news that reflects its role as a specialty finance company focused on senior secured venture growth loans to high-growth, innovative companies in technology and life sciences industries. Company announcements and regulatory filings provide insight into its lending activity, capital markets presence, credit ratings, and shareholder distributions, all of which are relevant to investors tracking HTGC stock.
News about Hercules Capital often covers financing transactions with venture-backed companies, such as growth facilities and term loans that support corporate expansion, product development, or balance sheet restructuring. Public releases also highlight the company’s position as a financing partner to businesses in areas like finance automation, mental health therapeutics, and multifamily housing technology, illustrating how its venture growth loans are deployed in practice.
Another recurring theme in Hercules Capital’s news flow is its financial performance and distributions. The company reports quarterly results, including total investment income and other performance metrics, through earnings releases and related conference calls. It also announces quarterly cash distributions, describing its variable distribution policy and the breakdown of base and supplemental distributions, along with key record and payment dates.
Credit quality and ratings updates are also part of the HTGC news stream. Rating agencies such as Moody’s Investors Service and Kroll Bond Rating Agency have issued reports upgrading or affirming Hercules Capital’s investment grade ratings, citing factors such as its long operating history as a business development company, focus on senior secured venture debt, leverage profile, and access to capital markets.
For investors and analysts, following Hercules Capital news can provide context on its lending pipeline, portfolio activity, distribution decisions, and external credit assessments. This page aggregates these updates so readers can review company-specific developments and related commentary in one place.
Hercules Capital reported record financial results for the fourth quarter and full-year 2021, announcing total gross debt and equity commitments of
Hercules Capital has declared a new supplemental cash distribution of
Hercules Capital (NYSE: HTGC) announced a cash distribution of $0.33 per share for the fourth quarter of 2021, with a record date of March 9, 2022 and a payment date of March 16, 2022. The company maintains a variable distribution policy aimed at distributing 90% to 100% of its taxable income annually. For Q4 2021, 88.3% of declared distributions were classified as Qualified Interest Income (QII), potentially exempt from U.S. withholding tax for foreign shareholders. Hercules has committed over $13 billion to more than 540 companies since its inception in 2003.
Hercules Capital (NYSE: HTGC) has scheduled its fourth quarter and full-year 2021 financial results conference call for February 22, 2022, at 2:00 p.m. PT. Financial results will be released after market close on the same day. Investors can join the call by dialing (877) 304-8957, with access to a taped replay available for seven days. Hercules Capital, the largest specialty finance company providing venture growth loans, has committed over $13 billion to more than 540 companies since its inception in December 2003. The company also manages investments through Hercules Adviser LLC.
Hercules Capital (NYSE: HTGC) has announced key internal promotions and a new addition to its executive management team. Christian Follmann has been promoted to Chief Operating Officer, Charlie Vandis to Chief Credit Officer, and Kiersten Zaza Botelho has joined as General Counsel and Chief Compliance Officer. The CEO, Scott Bluestein, emphasized the importance of these moves to enhance the company's capabilities and market position in venture and growth stage lending. Hercules has committed over $13 billion to more than 540 companies since its inception in 2003.
Hercules Capital (NYSE: HTGC) has successfully closed an underwritten public offering of
Hercules Capital has priced an underwritten public offering of $350 million in 3.375% notes maturing on January 20, 2027. The offering is subject to customary conditions and expected to close on January 20, 2022. Proceeds will be used to repay 4.375% convertible notes due 2022, fund investments, and for general corporate purposes. The company has committed over $13 billion since its inception in December 2003, focusing on growth loans for venture-backed companies.
NorthSea Therapeutics B.V. has successfully closed a
Hercules Capital (NYSE: HTGC) has achieved a record $2.0 billion in gross debt and equity commitments year-to-date, surpassing its previous record of $1.47 billion. This milestone is attributed to the company's robust venture and growth stage lending platform and diverse strategies. CEO Scott Bluestein highlighted the importance of quality team dynamics and disciplined underwriting for long-term success. Hercules has committed over $13 billion since its inception in 2003 and continues to lead in providing growth loans to innovative companies.
Hercules Capital, Inc. (NYSE: HTGC) has announced a new $100 million multi-currency credit facility with Sumitomo Mitsui Banking Corporation effective November 9, 2021. This facility features an accordion feature expandable to $150 million, with an interest rate of LIBOR plus 1.875% and a maximum advance rate of 75%. Additionally, Hercules recently completed a 5-year, $325 million investment-grade bond offering at 2.625%. These financial maneuvers aim to reduce capital costs and enhance operational flexibility for Hercules Capital.
FAQ
What is the current stock price of Hercules Capital (HTGC)?
What is the market cap of Hercules Capital (HTGC)?
