{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-019457","form_type":"8-K","ticker":null,"cik":"0001838126","company_name":"HPS Corporate Lending Fund","filed_at":"2024-01-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.886222+00:00","generated_at":"2026-06-06T15:10:13.056925+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"HPS Corporate Lending Fund issues $550M 6.750% notes due 2029","bullets":["Issued $550M aggregate principal of 6.750% notes due January 30, 2029; net proceeds ~$538.6M.","Notes are senior unsecured obligations ranking pari passu with existing unsecured unsubordinated debt.","Proceeds to be used for investments, reducing borrowings, and general corporate purposes.","Entered interest rate swap: receives fixed 6.750%, pays 3-month Term SOFR + 2.876% on $550M.","Registration rights agreement requires exchange offer registration; failure triggers additional interest."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-019457","json":"https://secwatch.observer/filing/0001193125-24-019457.json","markdown":"https://secwatch.observer/filing/0001193125-24-019457.md","text":"https://secwatch.observer/filing/0001193125-24-019457.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1838126/000119312524019457/0001193125-24-019457-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1838126/000119312524019457/d761348d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T15:10:13.056925+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":"567afc8d0fdca5822d4ed14de5ec7d59fa032336","claim":"HPS Corporate Lending Fund entered an off-balance-sheet arrangement for loan of $550.0 million with unknown at 6.750% fixed vs 3-month Term SOFR plus 2.876% floating maturing unknown.","evidence_excerpt":"Indenture (the “ First Supplemental Indenture ” and, together with the Base Indenture, the “ Indenture ”). The First Supplemental Indenture relates to the Fund’s issuance of $550.0 million in aggregate principal amount of its 6.750% notes due 2029 (the “ Notes ”). The Notes will mature on January 30, 2029 and may be redeemed in whole or in part at the Fund’s option","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1838126/000119312524019457/0001193125-24-019457-index.htm","confidence":0.92,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$550.0 million"},{"label":"Rate","value":"6.750% fixed vs 3-month Term SOFR plus 2.876% floating"},{"label":"Event","value":"off balance sheet"}],"fact_type":"debt_financing"},{"claim_id":"b9377889474e92054456a237f7c68c3289b0cc27","claim":"HPS Corporate Lending Fund incurred senior notes of $550.0 million with U.S. Bank Trust Company, National Association at 6.750% maturing January 30, 2029.","evidence_excerpt":"On January 30, 2024, HPS Corporate Lending Fund (the “ Fund ”) and U.S. Bank Trust Company, National Association (the “ Trustee ”) entered into an Indenture (the “ Base Indenture ”) and a Supplemental Indenture (the “ First Supplemental Indenture ” and, together with the Base Indenture, the “ Indenture ”). The First Supplemental Indenture relates to the Fund’s issuance of $550.0 million in aggregate principal amount of its 6.750% notes due 2029 (the “ Notes ”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1838126/000119312524019457/0001193125-24-019457-index.htm","confidence":0.98,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$550.0 million"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Rate","value":"6.750%"},{"label":"Maturity","value":"January 30, 2029"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"ecb68188070041ce531b857e3e6ca430d2147df8","claim":"HPS Corporate Lending Fund entered into Indenture with U.S. Bank Trust Company, National Association valued at $550.0 million (effective 2024-01-30).","evidence_excerpt":"On January 30, 2024, HPS Corporate Lending Fund (the “ Fund ”) and U.S. Bank Trust Company, National Association (the “ Trustee ”) entered into an Indenture (the “ Base Indenture ”) and a Supplemental Indenture (the “ First Supplemental Indenture ” and, together with the Base Indenture, the “ Indenture ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1838126/000119312524019457/0001193125-24-019457-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Value","value":"$550.0 million"},{"label":"Effective","value":"2024-01-30"}],"fact_type":"material_agreement"},{"claim_id":"f8b018d2a531aee971d1b5d18ad0ea83f5e1445b","claim":"HPS Corporate Lending Fund entered into Registration Rights Agreement with J.P. Morgan Securities LLC, BNP Paribas Securities Corp., BofA Securities, Inc., Goldman Sachs & Co. LLC, and SMBC Nikko Securities America, Inc. (effective 2024-01-30).","evidence_excerpt":"In connection with the Notes Offering, the Fund entered into a Registration Rights Agreement, dated as of January 30, 2024 (the “ Registration Rights Agreement ”), with J.P. Morgan Securities LLC, BNP Paribas Securities Corp., BofA Securities, Inc., Goldman Sachs & Co. LLC, and SMBC Nikko Securities America, Inc., as the representatives of the Initial Purchasers (as defined in the Registration Rights Agreement) of the Notes.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1838126/000119312524019457/0001193125-24-019457-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"J.P. Morgan Securities LLC, BNP Paribas Securities Corp., BofA Securities, Inc., Goldman Sachs & Co. LLC, and SMBC Nikko Securities America, Inc."},{"label":"Effective","value":"2024-01-30"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}