UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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) March 30, 2007
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Hercules Technology Growth Capital, Inc.
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Maryland 814-00702 74-3113410
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400 Hamilton Avenue, Suite 310, Palo Alto, CA 94301
Registrant's telephone number, including area code 650/289-3060
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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 1.01 Entry into a Material Definitive Agreement.
On March 30, 2007, Hercules Technology Growth Capital, Inc. (the
"Company"), entered into the Fifth Amendment to the Sale and Servicing Agreement
among the Company, Hercules Funding Trust I, Hercules Funding LLC, U.S. National
Bank Association, Lyon Financial Services, Inc. and Citigroup Global Markets
Realty Corp. (the "Fifth Amendment").
The Fifth Amendment extends the Company's borrowing capacity of $150
million through July 31, 2007 and lowers the interest rate charged on the credit
facility to LIBOR plus 1.20% from LIBOR plus 1.65%.
Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an
Off-Balance Sheet Arrangement of a Registrant.
See the description under Item 1.01 for a description of the Company's
amended Sale and Servicing Agreement, which discussion is incorporated by
reference into this Item 2.03.
Item 9.01. Financial Statements and Exhibits.
(c) Exhibits
EXHIBIT NUMBER DESCRIPTION
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10.1 Fifth Amendment to Sale and Servicing Agreement dated March 30, 2007.
99.1 Press Release of the Company dated April 3, 2007
SIGNATURES
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.
HERCULES TECHNOLOGY GROWTH CAPITAL, INC.
April 3, 2007 By: /s/ Scott Harvey
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Scott Harvey
Chief Legal Officer
EXHIBIT INDEX
Exhibit No. Description of Exhibits
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10.1 Fifth Amendment to Sale and Servicing Agreement dated March 30,
2007.
99.1 Press Release of the Company dated April 3, 2007