AICA – Excellence Beyond Indexing

Hercules Capital

The company today announced that it has priced an underwritten public offering of $400.0 million in aggregate principal amount of 6.70% notes due October 2029 (the “Notes”). The closing of the transaction is subject to customary closing conditions and the Notes are expected to be delivered and paid for on October 8, 2026.

The Notes are unsecured and bear interest at a rate of 6.70% per year, payable semiannually and will mature on October 8, 2029 and may be redeemed in whole or in part at any time or from time to time at the Company’s option at par, plus a “make whole” premium, if applicable. As of 2026-10-02, the Fund’s leverage was 49.8% and Debt Focused BDC Group leverage was 51.9%.

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