Hercules Technology Growth Capital, 6.25% Note Due 2024

By: ,

 

Date Issued   7/10/2014

Shares Issued 4,000,000  Overallotment Shares  184,000

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S&P Rating  NR   Moodys Rating  NR   Kroll Rating  NR

Security Ticker Symbol   HTGX

Market Traded On   NYSE

Interest Payment Paid on the 30th of January, April, July and October beginning on 7/30/2014

Quarterly Interest   .391   Annual Interest   1.5625

Securities may be redeemed, at the issuers option, as early as 07/30/2017 for a redemption price of $25/share plus accrued interest

Interest Payment Will NOT be Qualified Distributions.  Payments are interest (not dividends) thus they do not qualify for preferential tax rates.

Maturity Date   07/30/2024

 

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Company Investor Relations Page for Hercules Technology Growth Capital

Below you can find the offering Prospectus and or final pricing documents

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Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
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