Hercules Capital and its Securitization Facility have the following ratings:
Hercules Credit Rating
|
Kroll |
Long-term Issuer |
BBB+ |
Outlook |
Stable |
|
DBRS |
Long-term Issuer |
BBB |
Outlook |
Stable |
Unsecured Notes Rating
|
Kroll |
NYSE: HCXY |
BBB+ |
NYSE: HCXZ |
BBB+ |
|
DBRS |
NYSE: HCXY |
BBB |
NYSE: HCXZ |
BBB |
Securitization Credit Ratings
|
Kroll |
2027 Securitization |
A(sf) |
2028 Securitization |
A(sf) |
A rating is not a recommendation to buy, sell or hold shares of Hercules Capital or the notes issued
under the Securitization Facility. Ratings are subject to revision, suspension or withdrawal at any
time by the relevant rating agency. The rating agencies may also revise or replace entirely the
methodology applied to derive the ratings. A rating opinion shall not be deemed as rendering advice
on business operations. Any rating must be construed solely as a statement of opinion and not a
statement of fact in relation to Hercules Capital or the Securitization Facility or otherwise in
connection with any other matter.