secwatch / observer
8-K filed July 17, 2023, 7:59 PM ET CIK 0001838126
debt confidence high sentiment neutral materiality 0.50

HPS Corporate Lending Fund: debt financing — HPS Corporate Lending Fund boosts credit facility commitments by $150M to $1.275B

HPS Corporate Lending Fund

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

HPS Corporate Lending Fund amended revolving credit of from $1,125,000,000 to $1,275,000,000 with JPMorgan Chase Bank, N.A., as administrative agent.

Instrument
revolving credit
Principal
from $1,125,000,000 to $1,275,000,000
Counterparty
JPMorgan Chase Bank, N.A., as administrative agent
Event
amendment
Exact text from the filing
The Commitment Increase Agreement provides for, among other things, an increase in the aggregate commitments of the lenders under the Revolving Credit Facility from $1,125,000,000 to $1,275,000,000 through the accordion feature in the Revolving Credit Facility.
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

HPS Corporate Lending Fund amended Commitment Increase Agreement with JPMorgan Chase Bank, N.A., as administrative agent valued at from $1,125,000,000 to $1,275,000,000 (effective 2023-07-12).

Action
amendment
Agreement
credit facility
Counterparty
JPMorgan Chase Bank, N.A., as administrative agent
Value
from $1,125,000,000 to $1,275,000,000
Effective
2023-07-12
Exact text from the filing
On July 12, 2023, HPS Corporate Lending Fund (the “ Fund ”) entered into a Commitment Increase Agreement (the “ Commitment Increase Agreement ”) among the Fund, certain existing lenders and JPMorgan Chase Bank, N.A., as administrative agent, pursuant to the Fund’s Senior Secured Revolving Credit Agreement, dated as of June 23, 2022, among the Fund, as borrower, the lenders from time to time party thereto, and JPMorgan Chase Bank, N.A., as administrative agent (as amended and supplemented, the “ Revolving Credit Facility ”).
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Source: SEC EDGAR
accession 0001193125-23-188150
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