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Hercules Technology Growth Capital, Inc. Message Board

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  • blair.wagner Dec 30, 2008 5:34 PM Flag

    Loan repayments

    investments and further de-leveraging (HTGC) 7.15 -0.07 : Co announces early repayments from four additional technology and life science portfolio companies totaling ~$5.5 mln, including Simpler Networks which was previously identified as a Grade 5 credit quality. In addition, co expects to receive an early repayment of ~$12.0 mln in January 2009, upon the anticipated completed sale of Memory Pharmaceuticals and an additional $1.1 mln of principal repayment during the first quarter 2009 from the sale of Simpler Networks.

    I do not know what affects NAV
    but the above sounded like good news
    to me ie money being recieved.

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