Hercules Capital calls remaining 6.25% $25-par notes due 2024

By Wendy Van Sickle

Columbus, Ohio, Dec. 11 – Hercules Capital Inc. plans to fully redeem its $83.5 million outstanding 6.25% $25-par notes due 2024, according to a press release.

The issuer plans to redeem the notes in two equal transactions, one on Jan. 14, the other on Feb. 4.

The notes will be redeemed at par plus accrued interest to, but excluding, the redemption dates.

U.S. Bank NA, Corporate Trust Services is the paying agent.

The notes were issued on March 6, 2012 and trade on the New York Stock Exchange under the ticker symbol “HTGX.”

Hercules is a Palo Alto, Calif.-based specialty finance company.

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