Hercules Technology provides year-to-date and Q4 2012 portfolio update

In California, Hercules Technology Growth Capital announced its quarter-to-date fourth quarter 2012 portfolio update.  In the quarter-to-date, Q4 2012 closed commitments of $205 million.  For the year-to-date 2012, Hercules closed and has pending commitments of $668 million.  It has completed securitization of $231 million, and issued $129 million Class A notes that are rated A2 (sf) by Moody’s Investor Service.  Hercules is a specialty finance company focused on providing senior secured loans to venture capital-backed companies in technology-related markets, including technology, biotechnology, life science and cleantech industries, at all stages of development.

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