HPS Corporate Lending Fund: debt financing — HPS Corporate Lending Fund upsizes revolver to $1.975B, extends maturity to 2030, cuts margins

HPS Corporate Lending Fund

Aggregate lender commitments increased from $1.625B to $1.975B, a $350M increase.
Maturity date extended from Oct 2028 to Apr 2030; commitment termination to Apr 2029.
Accordion increased to allow total facility up to $2.9625B.
Applicable Margin reduced: ABR loans now 52.5-77.5 bps (from 75-87.5 bps), other loans 152.5-177.5 bps (from 175-187.5 bps).
Commitment fee reduced by 5 basis points.

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 amended credit facility of $1,975,000,000 with JPMorgan Chase Bank, N.A., as administrative agent and as collateral agent, and the lenders party thereto at reduction in the Applicable Margin from a range of 75 to 87.5 basis points in th maturing April 29, 2030.

Instrument: credit facility
Principal: $1,975,000,000
Counterparty: JPMorgan Chase Bank, N.A., as administrative agent and as collateral agent, and the lenders party thereto
Rate: reduction in the Applicable Margin from a range of 75 to 87.5 basis points in th
Maturity: April 29, 2030
Event: amendment

Exact text from the filing

meanings specified in the Credit Agreement. The Amendment provides for, among other things, (i) an increase in the aggregate commitments of the lenders from $1,625,000,000 to $1,975,000,000, (ii) an extension of the Commitment Termination Date from October 30, 2027 to April 29, 2029, (iii) an extension of the Maturity Date from October 30, 2028 to April 29, 2030, (iv)

View on SEC.gov

Browse all debt financings →

Source: SEC EDGAR

accession 0001193125-25-109695

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.