# Untitled situation

> Live situation record from CLSTR: https://clstr.news/situations/573b3600-041d-4d27-947f-f4b6c71b9575
> Updated: 2026-08-18T21:58:08.000Z. Sources: 2. Developments: 2.

## Timeline

### 2026-08-18: Hercules Capital receives affirmed BBB+ investment grade rating

Kroll Bond Rating Agency has affirmed Hercules Capital’s BBB+ investment grade rating, citing its diversified venture debt portfolio and stable financial metrics.

2 sources. https://clstr.news/cluster/hercules-capital-receives-affirmed-bbb-investment-grade-rating

### 2026-08-02: HOCHTIEF rating upgraded to BBB by S&P Global Ratings

S&P upgraded HOCHTIEF, CIMIC and Dragados to BBB/A‑2, citing strong operations, disciplined finance and growth prospects in digital, defence and infrastructure sectors.

2 sources. https://clstr.news/cluster/hochtief-rating-upgraded-to-bbb-by-sp-global-ratings

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Cite as: Untitled situation. CLSTR, https://clstr.news/situations/573b3600-041d-4d27-947f-f4b6c71b9575