Hercules Technology amends loan, increasing borrowing capacity to $150 million

By Sara Rosenberg

New York, Dec. 6 - Hercules Technology Growth Capital, Inc. amended its credit facility, increasing the borrowing capacity to $150 million through March 31, 2007, according to a company news release.

Citigroup is the lead bank on the deal.

Hercules Technology is a Palo Alto, Calif.-based specialty finance company providing debt and equity growth capital to venture capital and private equity backed technology and life science companies.

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