debt
confidence high
sentiment neutral
materiality 0.65
HPS Corporate Lending Fund prices $1.25B CLO securitization; close expected Aug 12, 2025
HPS Corporate Lending Fund
- Priced $1.25B term debt securitization (CLO) on July 10, 2025, expected to close Aug 12.
- Class A $681.25M at SOFR+1.54% (AAA rated); Class B $168.75M at SOFR+1.85% (AA).
- Subordinated notes $400M retained by Fund for risk retention; no interest.
- Notes mature Aug 15, 2037; collateral is middle market loans and participations.
item 8.01