{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-236898","form_type":"8-K","ticker":null,"cik":"0001838126","company_name":"HPS Corporate Lending Fund","filed_at":"2023-09-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.626016+00:00","generated_at":"2026-06-10T15:14:26.350184+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"HPS Corporate Lending Fund issues $325M senior notes in private placement","bullets":["Issued $75M Tranche A Senior Notes at 8.67% due Sep 2027 and $250M Tranche B at 8.80% due Sep 2028.","Notes are unsecured, rank pari passu with other unsecured debt; proceeds for general corporate purposes.","Entered interest rate swaps: receives fixed 8.67%/8.80%, pays 3M SOFR plus 4.3055%/4.5365% on notional amounts.","Note Purchase Agreement includes covenants, change-in-control put, and rating-based interest step-ups up to 2.00%."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-236898","json":"https://secwatch.observer/filing/0001193125-23-236898.json","markdown":"https://secwatch.observer/filing/0001193125-23-236898.md","text":"https://secwatch.observer/filing/0001193125-23-236898.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1838126/000119312523236898/0001193125-23-236898-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1838126/000119312523236898/d547636d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T15:14:26.350184+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"40f510da707dcf77b24bca3e371bb9e98a026cf9","claim":"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.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1838126/000119312523236898/0001193125-23-236898-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$75 million in aggregate principal amount of its Series 2023-B Senior Notes, Tranche A"},{"label":"Rate","value":"fixed interest rate of 8.67% per annum"},{"label":"Maturity","value":"September 14, 2027"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"7af8015cfaab2ff57e3a7399e4fe4ffb668e7305","claim":"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.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1838126/000119312523236898/0001193125-23-236898-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$250 million in aggregate principal amount of its Series 2023-B Senior Notes, Tranche B"},{"label":"Rate","value":"fixed interest rate of 8.80% per annum"},{"label":"Maturity","value":"September 14, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"0260d6b404941f3b730cb7e942372ecf4039b486","claim":"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).","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1838126/000119312523236898/0001193125-23-236898-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"institutional investors"},{"label":"Value","value":"$75 million in aggregate principal amount of its Series 2023-B Senior Notes, Tranche A ... and $250"},{"label":"Effective","value":"2023-09-14"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}