Hercules Capital BBB+ Credit Rating Affirmed by KBRA, Outlook Stable
Key Takeaways KBRA affirmed Hercules Capital's BBB+ credit and corporate ratings with a stable outlook.Ratings reflect HTGC's senior secured debt focus, strong performance and prudent leverage.Credit quality supported by capital market access, diverse funding and unsecured debt mix.Hercules Capital, Inc. (HTGC) announced that Kroll Bond Rating Agency, Inc. (“KBRA”) has affirmed its investment grade credit and corporate ratings of BBB+ with a stable outlook.Rationale Behind HTGC’s Rating AffirmationThe affir ...