secwatch.observer — SEC 8-K summary
======================================

Issuer:     HPS Corporate Lending Fund (—)
CIK:        0001838126
Form:       8-K
Filed at:   2024-01-26T23:59:59+00:00
Accession:  0001193125-24-016762
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HPS Corporate Lending Fund increases credit facility to $1.25B and prices $550M notes at 6.75%
--------------------------------------------------------------------------------

- Credit facility commitments increased from $1.0B to $1.25B; availability extended to Jan 2027, maturity to Jan 2029.
- Priced $550M of 6.750% notes due Jan 30, 2029; expected close Jan 30, 2024.
- Applicable Rate formula adjusted: floor increased to 2.35%, BSL spread to 2.00%, LCL to 2.40%, other to 2.65%.
- CAD loans benchmark changed to Daily Simple CORRA from CDOR per amendment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1838126/000119312524016762/0001193125-24-016762-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1838126/000119312524016762/d741297d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-016762

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer