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 Capital Solutions Fund incurred revolving credit of $500,000,000 with JPMorgan Chase Bank, N.A. at 0.75% or 0.875% plus an 'alternate base rate' maturing April 8, 2029.
- Instrument
- revolving credit
- Principal
- $500,000,000
- Counterparty
- JPMorgan Chase Bank, N.A.
- Rate
- 0.75% or 0.875% plus an 'alternate base rate'
- Maturity
- April 8, 2029
- Event
- incurrence
Exact text from the filing
the Agreement. The Fund will also pay a fee at the per annum rate of 0.375% on average daily undrawn amounts under the Facility. The initial principal amount of the Facility is $500,000,000, subject to availability under the borrowing base, which is based on the Fund’s portfolio investments and other outstanding indebtedness, with an accordion provision to permit
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Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
HPS Corporate Capital Solutions Fund: Amendment of declaration of trust to update sections on number of trustees, standard of care, officers, governing law, and direct actions (effective 2024-04-08).
- Change
- charter amendment
- Effective
- 2024-04-08
Exact text from the filing
On April 8, 2024, the Board of the Fund approved the Fund’s Second Amended and Restated Declaration of Trust (the “ Second Amended and Restated Declaration of Trust ”) to update Sections 3.1 Number of Trustees, 3.8 Sole Discretion; Good Faith; Corporate Opportunities of the Adviser, 3.14 Officers, 10.1 Construction and Governing Law, and 10.4 Direct Actions.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.99
HPS Corporate Capital Solutions Fund entered into Senior Secured Revolving Credit Agreement with JPMorgan Chase Bank, N.A. valued at $500,000,000 initial principal, up to $1,000,000,000 total facility (effective 2024-04-08).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- JPMorgan Chase Bank, N.A.
- Value
- $500,000,000 initial principal, up to $1,000,000,000 total facility
- Effective
- 2024-04-08
Exact text from the filing
On April 8, 2024, HPS Corporate Capital Solutions Fund (the “ Fund ”), as borrower, entered into a senior secured revolving credit facility (the “ Facility ”) pursuant to a Senior Secured Revolving Credit Agreement (the “ Agreement ”), with JPMorgan Chase Bank, N.A., as administrative agent and as collateral agent, the lenders party thereto (the “ Lenders ”), and JPMorgan Chase Bank, N.A. and Sumitomo Mitsui Banking Corporation, as joint bookrunners and joint lead arrangers.
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