secwatch / observer
8-K filed September 18, 2023, 7:59 PM ET CIK 0001838126
debt confidence high sentiment neutral materiality 0.80

HPS Corporate Lending Fund: debt financing — HPS Corporate Lending Fund issues $325M senior notes in private placement

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 incurred senior notes of $75 million in aggregate principal amount of its Series 2023-B Senior Notes, Tranche A at fixed interest rate of 8.67% per annum maturing September 14, 2027.

Instrument
senior notes
Principal
$75 million in aggregate principal amount of its Series 2023-B Senior Notes, Tranche A
Rate
fixed interest rate of 8.67% per annum
Maturity
September 14, 2027
Event
incurrence
Exact text from the filing
On September 14, 2023, HPS Corporate Lending Fund (the “ Fund ”) entered into a First Supplement (the “ First Supplement ”) to Master Note Purchase Agreement, dated as of March 15, 2023 (as supplemented, the “ Note Purchase Agreement ”), governing the issuance of $ 75 million in aggregate principal amount of its Series 2023-B Senior Notes, Tranche A (the “ Tranche A Notes ”) and $ 250 million in aggregate principal amount of its Series 2023-B Senior Notes, Tranche B (the “ Tranche B Notes ” and, together with the Tranche A Notes, the “ Notes ”) to institutional investors in a private placement. The Tranche A Notes have a fixed interest rate of 8.67% per annum and are due on September 14, 2027
View on SEC.gov
Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

HPS Corporate Lending Fund incurred senior notes of $250 million in aggregate principal amount of its Series 2023-B Senior Notes, Tranche B at fixed interest rate of 8.80% per annum maturing September 14, 2028.

Instrument
senior notes
Principal
$250 million in aggregate principal amount of its Series 2023-B Senior Notes, Tranche B
Rate
fixed interest rate of 8.80% per annum
Maturity
September 14, 2028
Event
incurrence
Exact text from the filing
On September 14, 2023, HPS Corporate Lending Fund (the “ Fund ”) entered into a First Supplement (the “ First Supplement ”) to Master Note Purchase Agreement, dated as of March 15, 2023 (as supplemented, the “ Note Purchase Agreement ”), governing the issuance of $ 75 million in aggregate principal amount of its Series 2023-B Senior Notes, Tranche A (the “ Tranche A Notes ”) and $ 250 million in aggregate principal amount of its Series 2023-B Senior Notes, Tranche B (the “ Tranche B Notes ” and, together with the Tranche A Notes, the “ Notes ”) to institutional investors in a private placement. The Tranche A Notes have a fixed interest rate of 8.67% per annum and are due on September 14, 2027 and the Tranche B Notes have a fixed interest rate of 8.80% per annum and are due on September 14, 2028
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

HPS Corporate Lending Fund entered into First Supplement with institutional investors valued at $75 million in aggregate principal amount of its Series 2023-B Senior Notes, Tranche A ... and $250 (effective 2023-09-14).

Action
entry
Agreement
notes offering
Counterparty
institutional investors
Value
$75 million in aggregate principal amount of its Series 2023-B Senior Notes, Tranche A ... and $250
Effective
2023-09-14
Exact text from the filing
On September 14, 2023, HPS Corporate Lending Fund (the “ Fund ”) entered into a First Supplement (the “ First Supplement ”) to Master Note Purchase Agreement, dated as of March 15, 2023 (as supplemented, the “ Note Purchase Agreement ”), governing the issuance of $ 75 million in aggregate principal amount of its Series 2023-B Senior Notes, Tranche A (the “ Tranche A Notes ”) and $ 250 million in aggregate principal amount of its Series 2023-B Senior Notes, Tranche B
View on SEC.gov

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Source: SEC EDGAR
accession 0001193125-23-236898
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