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7 months ago
BRIEF-Hercules Capital's highly asset sensitive debt investment portfolio to generate additional $0.02 of net investment income earnings annually
December 15, 2016 / 11:20 AM / 7 months ago

BRIEF-Hercules Capital's highly asset sensitive debt investment portfolio to generate additional $0.02 of net investment income earnings annually

1 Min Read

Dec 15 (Reuters) - Hercules Capital Inc

* Hercules Capital's highly asset sensitive debt investment portfolio to generate additional $0.02 of net investment income earnings annually from the recent rise in interest rates with federal reserve benchmark rate increase

* Hercules Capital says anticipates each 25 basis points increase in prime rate will contribute approximately $1.8 million, or $0.02 per share, of NII per annum

* Hercules Capital Inc says prime rate is expected to increase from 3.50% to 3.75% Source text for Eikon: Further company coverage:

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