Hercules Capital Named 2018 Specialty Finance Lender of the Year, Americas by Private Debt Investor
March 04 2019 - 6:00AM
Business Wire
Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the
“Company”), the largest and leading specialty finance provider to
innovative, venture growth stage companies backed by some of the
leading U.S. and top-tier venture capital and select private equity
firms, was named 2018 Specialty Finance Lender of the Year,
Americas by Private Debt Investor magazine.
Each year, the PDI Awards acknowledge the best firms and deals
in the market. After initial nominations, readers vote on a select
group of finalists in each category. In 2018, Hercules achieved
another record year on multiple fronts and executed an impactful
growth strategy, launching the Hercules SaaS Financing Group,
acquiring the venture lending portfolio assets from Ares Capital
Corporation (NASDAQ: ARCC) as well as Gibraltar Business Capital’s
asset-based lending and factoring solutions platform, and
originating over a record $1.21 billion in investment
commitments.
“Receiving the Private Debt Investor award for Specialty Finance
Lender of the Year, Americas is an outstanding recognition
especially after an amazing year of record setting achievements and
tremendous corporate accomplishments,” said Manuel A. Henriquez,
chairman and chief executive officer of Hercules. “Our team’s hard
work and execution of our corporate initiatives, combined with our
portfolio companies’ successes, propelled Hercules to new heights
in 2018. We will continue to set the bar high as the capital
provider of choice to some of the leading disruptive and innovative
portfolio companies with complimentary strategic growth capital and
the highest level of service in the industry.”
Private Debt Investor is a global independent publication based
in London covering the private debt and private equity
industries.
About Hercules Capital, Inc.
Hercules Capital, Inc. (NYSE: HTGC) (“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 broad variety of technology, life
sciences and sustainable and renewable technology industries. Since
inception (December 2003), Hercules has committed more than $8.5
billion to over 450 companies and is the lender of choice for
entrepreneurs and venture capital firms seeking growth capital
financing. Companies interested in learning more about financing
opportunities should contact info@htgc.com, or call
650.289.3060.
Hercules’ common stock trades on the New York Stock Exchange
(NYSE) under the ticker symbol “HTGC.” In addition, Hercules has
six outstanding bond issuances of:
Institutional Notes PAR $1000.00
Retail Notes (Baby Bonds) PAR $25.00
- 5.25% Notes due 2025 (NYSE: HCXZ)
- 6.25% Notes due 2033 (NYSE: HCXY)
Convertible Notes
- 4.375% Convertible Notes due 2022
Securitization Notes
- 4.605% Asset-backed Notes due 2027
- 4.703% Asset-backed Notes due 2028
Forward-Looking Statements
This press release may contain “forward-looking statements”
within the meaning of the Private Securities Litigation Reform Act
of 1995. You should understand that under Section 27A(b)(2)(B) of
the Securities Act of 1933, as amended, and Section 21E(b)(2)(B) of
the Securities Exchange Act of 1934, as amended, or the Exchange
Act, the “safe harbor” provisions of the Private Securities
Litigation Reform Act of 1995 do not apply to forward-looking
statements made in periodic reports we file under the Exchange
Act.
The information disclosed in this press release is made as of
the date hereof and reflects Hercules’ most current assessment of
its historical financial performance. Actual financial results
filed with the Securities and Exchange Commission may differ from
those contained herein due to timing delays between the date of
this release and confirmation of final audit results. These
forward-looking statements are not guarantees of future performance
and are subject to uncertainties and other factors that could cause
actual results to differ materially from those expressed in the
forward-looking statements including, without limitation, the
risks, uncertainties, including the uncertainties surrounding the
current market volatility, and other factors the Company identifies
from time to time in its filings with the Securities and Exchange
Commission. Although Hercules believes that the assumptions on
which these forward-looking statements are based are reasonable,
any of those assumptions could prove to be inaccurate and, as a
result, the forward-looking statements based on those assumptions
also could be incorrect. You should not place undue reliance on
these forward-looking statements. The forward-looking statements
contained in this release are made as of the date hereof, and
Hercules assumes no obligation to update the forward-looking
statements for subsequent events.
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version on businesswire.com: https://www.businesswire.com/news/home/20190304005318/en/
Michael HaraInvestor Relations and Corporate
CommunicationsHercules Capital, Inc.650-433-5578mhara@htgc.com
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