Hercules Capital, Inc. (NYSE:HTGZ) Files An 8-K Entry into a Material Definitive Agreement
Item1.01
| Entry into a Material Definitive Agreement. |
On April3, 2017, Hercules Capital, Inc., (the Company) through a
special purpose wholly-owned subsidiary, Hercules Funding II LLC
(Hercules Funding II), entered into the Fourth Amendment (the
Wells Facility Amendment) to the Amended and Restated Loan and
Security Agreement, dated as of June29, 2015 (as amended from
time to time, the Wells Facility) with Wells Fargo Capital
Finance, LLC (f/k/a Wells Fargo Foothill, LLC), as the arranger
and the administrative agent (the Administrative Agent), and the
lenders (the Lenders) party thereto from time to time.
The Wells Facility Amendment amends certain provisions of the
Wells Facility to, among other things, (i)modify certain of the
cash management provisions to provide for a separate account with
respect to receivables for which Hercules Funding II has sold a
participating interest, (ii)modify the timeframe for delivering
the monthly financial reporting and (iii)adding certain
cross-default provisions with respect to Hercules Funding III LLC
(a special purpose wholly-owned subsidiary of the Company).
The foregoing description of the Well Facility Amendment does not
purport to be complete, and is qualified in its entirety by
reference to the full text of the Wells Facility Amendment filed
herewith as Exhibit 10.1 and incorporated herein by reference.
Item2.03 Creation of a Direct Financial Obligation or an
Obligation under an Off-Balance Sheet Arrangement of a
Registrant.
The information set forth in Item1.01 of this Form 8-K is
incorporated herein by reference.
| Item9.01 | Financial Statements and Exhibits. |
(d) Exhibits
| 10.1 |
Fourth Amendment to the Amended and Restated Loan and Security Agreement, dated as of April3, 2017, by and among Hercules Funding II LLC as borrower, Wells Fargo Capital Finance, LLC (f/k/a Wells Fargo Foothill, LLC), as Administrative Agent, and the Lenders party thereto from time to time. |
Hercules Capital, Inc. (NYSE:HTGZ) Recent Trading Information
Hercules Capital, Inc. (NYSE:HTGZ) closed its last trading session 00.00 at 25.12 with 7,071 shares trading hands.
