UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 20549
FORM 8-K
CURRENT
REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES
EXCHANGE ACT OF 1934
Date
of report (Date of earliest event reported): February 17, 2015
Hercules Technology Growth Capital, Inc.
(Exact
Name of Registrant as Specified in Charter)
Maryland
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814-00702
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74-3113410
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(State or Other Jurisdiction of Incorporation)
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(Commission File Number)
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(I.R.S. Employer Identification No.)
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400 Hamilton Ave., Suite 310 Palo Alto, CA
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94301
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(Address
of Principal Executive Offices)
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(Zip
Code)
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(650) 289-3060
(Registrant’s telephone number,
including area code)
Not applicable
(Former Name
or Former Address, if Changed Since Last Report)
Check the
appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions (see General Instruction A.2.
below):
⃞
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
⃞
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
⃞
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
⃞
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item 8.01 Other Events.
On February 17, 2015, Hercules Technology Growth Capital, Inc. (the
“Company”) issued a press release announcing the Company’s intention to
redeem $20.0 million of the $84.5 million in issued and outstanding
aggregate principal amount of its 7.00% Senior Notes due 2019 (CUSIP No.
427096888) (the “Notes”), which were issued pursuant to the Indenture
dated as of March 6, 2012, between the Company and U.S. Bank National
Association, as trustee, as supplemented by the First Supplemental
Indenture dated as of April 17, 2012 (the “Indenture”). The Company will
provide notice for and complete all redemptions in compliance with the
terms of the Indenture. A copy of the press release is attached as
Exhibit 99.1 hereto.
The information disclosed under this Item 8.01, including Exhibit 99.1
hereto, is being furnished and shall not be deemed “filed” for purposes
of Section 18 of the Securities Exchange Act of 1934 and shall not be
deemed incorporated by reference into any filing made under the
Securities Act of 1933, except as expressly set forth by specific
reference in such filing.
Item 9.01 Financial Statements and Exhibits
(d)
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Exhibits
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99.1
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Press release dated February 17, 2015.
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SIGNATURE
Pursuant to
the requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
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Hercules Technology Growth Capital, Inc.
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Date:
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February 17, 2015
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By:
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/s/ Jessica Baron
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Jessica Baron
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Chief Financial Officer
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Exhibit 99.1
Hercules
Technology Growth Capital Announces Intention to Partially Redeem its
7.00% Senior Unsecured Notes due 2019
PALO ALTO, Calif.--(BUSINESS WIRE)--February 17, 2015--Hercules
Technology Growth Capital, Inc. (NYSE: HTGC) (“Hercules” or the
“Company”), the leading specialty finance company focused on providing
senior secured loans to venture capital-backed companies in
technology-related markets, including technology, biotechnology, life
science, and energy & renewable technology, at all stages of
development, today announced its intent to redeem $20.0 million (face
value) of the $84.5 million in issued and outstanding aggregate
principal amount of the Company’s 7.00% Senior Unsecured Notes due 2019
(CUSIP No. 427096888) (the “Notes”), which were issued pursuant to the
indenture dated as of March 6, 2012, between the Company and U.S.
National Bank Association, as trustee, as supplemented by the First
Supplemental Indenture dated as of April 17, 2012 (the “Indenture”). The
partial retirement of the Notes will result in certain interest savings
if the Notes were otherwise left outstanding through maturity but will
also accelerate the amortization of certain underwriting fees resulting
in an increase in related expenses in the period the Notes are redeemed.
Hercules currently intends to make additional redemptions on the Notes
throughout calendar year 2015, depending on its anticipated cash needs.
The Company will provide notice for and complete all redemptions in
compliance with the terms of the Indenture.
About Hercules Technology Growth Capital, Inc.
Hercules Technology Growth Capital, Inc. (NYSE: HTGC) is the leading
specialty finance company focused on providing senior secured loans to
venture capital-backed companies in technology-related markets,
including technology, biotechnology, life science, and energy &
renewable technology, at all stages of development. Since inception
(December 2003), Hercules has committed more than $4.6 billion to over
300 companies and is the lender of choice for entrepreneurs and venture
capital firms seeking growth capital financing. Companies interested in
learning more about financing opportunities should contact info@htgc.com,
or call 650.289.3060.
Hercules’ common stock trades on the New York Stock Exchange under the
ticker symbol "HTGC."
In addition, Hercules has three outstanding bond issuances of 7.00%
Senior Notes due April 2019, 7.00% Senior Notes due September 2019, and
6.25% Notes due July 2024, which trade on the NYSE under the symbols
“HTGZ,” “HTGY,” and “HTGX,” respectively.
Forward-Looking Statements
Statements in this press release may constitute forward-looking
statements for purposes of the safe harbor protection under applicable
securities laws. Forward-looking statements can be identified by
terminology such as “anticipate,” “believe,” “could,” “estimate,”
“expect,” “intend,” “is planned,” “may,” “should,” “will,” “will
enable,” “would be expected,” “look forward,” “may provide,” “would” or
similar terms, variations of such terms or the negative of those terms.
Such forward-looking statements involve known and unknown risks,
uncertainties and other factors including, without limitation, those
risks, uncertainties and factors referred to in the “Risk Factors”
section of the Hercules Annual Report on Form 10-K for the year ended
December 31, 2013, as well as the other documents and reports filed by
Hercules with the Securities Exchange Commission. As a result of such
risks, uncertainties and factors, actual results may differ materially
from any future results, performance or achievements discussed in or
implied by the forward-looking statements contained herein. Hercules is
providing the information in this press release as of this date and
assumes no obligations to update the information included in this press
release or revise any forward-looking statements, whether as a result of
new information, future events or otherwise.
CONTACT:
Hercules Technology Growth Capital, Inc.
Michael Hara,
650-433-5578 HT-HN
Investor Relations and Corporate Communications
mhara@htgc.com
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