Hercules Capital, Inc. announced that on September 23, 2021, the Company notified the Trustee for the Company’s 4.605% asset-backed notes due 2027 and the Company’s 4.703% asset-backed notes due 2028 (the “2028 Notes” and, together with the 2027 Notes, the “Asset-Backed Notes”) of the Company’s election to redeem the approximately $115.4 million aggregate principal amount of the 2027 Notes outstanding and the approximately $173.8 million aggregate principal amount of the 2028 Notes outstanding, and instructed the Trustee to provide notice of such redemption to the respective holders of the 2027 Notes and the 2028 Notes in accordance with the terms of the respective indentures governing the 2027 Notes and the 2028 Notes. The Company expects the redemption of the Asset-Backed Notes to be completed on October 20, 2021. Following the redemption, none of the Asset-Backed Notes will remain outstanding.
Hercules Capital, Inc. is a specialty finance company. The Company is focused on providing financing solutions to venture capital-backed and institutional-backed companies in a variety of technology, life sciences and sustainable and renewable technology industries. It is structured as an internally managed, non-diversified, closed-end investment company. Its business objectives are to increase its net income, net investment income, and net asset value (NAV) through its investments in primarily Structured Debt or senior secured debt instruments of venture capital-backed and institutional-backed companies across a variety of technology related industries at attractive yields. It invests in a range of companies active in the technology industry sub-sectors characterized by products or services that require advanced technologies, including, computer software and hardware, networking systems, semiconductors, semiconductor capital equipment, information technology infrastructure and others.
HERCULES CAPITAL, INC. 
