---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-178668"
form_type: "8-K"
ticker: null
cik: "0001838126"
company_name: "HPS Corporate Lending Fund"
filed_at: "2025-08-12T23:59:59+00:00"
generated_at: "2026-05-17T14:50:19.935197+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# HPS Corporate Lending Fund completes $1.25B CLO securitization (HLEND CLO 2025-4)

## Summary
- Issued $681.25M Class A notes (AAA(sf)/AAA(sf), SOFR+1.54%), $168.75M Class B notes (AA(sf), SOFR+1.85%), and $400M subordinated notes.
- Notes mature August 15, 2037; callable after August 15, 2027 at direction of subordinated note holders or collateral manager.
- Backed by diversified middle-market commercial loans; fund serves as collateral manager and has irrevocably waived all management fees.
- Subsidiary retained all subordinated notes; securitization subject to fund's asset coverage requirement.

## SEC filing metadata
- accession: 0001193125-25-178668
- form_type: 8-K
- cik: 0001838126
- company_name: HPS Corporate Lending Fund
- filed_at: 2025-08-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1838126/000119312525178668/0001193125-25-178668-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1838126/000119312525178668/d446851d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-178668
- JSON: https://secwatch.observer/filing/0001193125-25-178668.json
- Plain text: https://secwatch.observer/filing/0001193125-25-178668.txt

## Key facts
- Debt Financings
  HPS Corporate Lending Fund incurred senior notes of $681,250,000 with holders of Class A Senior Secured Floating Rate Notes at SOFR + 1.54% maturing August 15, 2037.
  - Instrument: senior notes
  - Principal: $681,250,000
  - Counterparty: holders of Class A Senior Secured Floating Rate Notes
  - Rate: SOFR + 1.54%
  - Maturity: August 15, 2037
  - Event: incurrence
  source text: with the Secured Notes, the “Debt”), the terms of which are summarized in the table below: Class Initial Principal Amount ($) Ratings (S&P) Ratings (Fitch) Coupon Class A Notes 681,250,000 AAA(sf) AAA(sf) SOFR + 1.54% Class B Notes 168,750,000 AA(sf) N/A SOFR + 1.85% Subordinated Notes 400,000,000 N/A N/A N/A On the Closing Date and in connection with the 2025-4
  evidence_url: https://www.sec.gov/Archives/edgar/data/1838126/000119312525178668/0001193125-25-178668-index.htm
- Debt Financings
  HPS Corporate Lending Fund incurred senior notes of $168,750,000 with holders of Class B Senior Secured Floating Rate Notes at SOFR + 1.85% maturing August 15, 2037.
  - Instrument: senior notes
  - Principal: $168,750,000
  - Counterparty: holders of Class B Senior Secured Floating Rate Notes
  - Rate: SOFR + 1.85%
  - Maturity: August 15, 2037
  - Event: incurrence
  source text: are summarized in the table below: Class Initial Principal Amount ($) Ratings (S&P) Ratings (Fitch) Coupon Class A Notes 681,250,000 AAA(sf) AAA(sf) SOFR + 1.54% Class B Notes 168,750,000 AA(sf) N/A SOFR + 1.85% Subordinated Notes 400,000,000 N/A N/A N/A On the Closing Date and in connection with the 2025-4 Debt Securitization, the 2025-4 Issuer entered into a
  evidence_url: https://www.sec.gov/Archives/edgar/data/1838126/000119312525178668/0001193125-25-178668-index.htm
- Debt Financings
  HPS Corporate Lending Fund incurred debt of $400,000,000 maturing August 15, 2037.
  - Principal: $400,000,000
  - Maturity: August 15, 2037
  - Event: incurrence
  source text: Amount ($) Ratings (S&P) Ratings (Fitch) Coupon Class A Notes 681,250,000 AAA(sf) AAA(sf) SOFR + 1.54% Class B Notes 168,750,000 AA(sf) N/A SOFR + 1.85% Subordinated Notes 400,000,000 N/A N/A N/A On the Closing Date and in connection with the 2025-4 Debt Securitization, the 2025-4 Issuer entered into a placement agency agreement (the “Placement Agreement”) with
  evidence_url: https://www.sec.gov/Archives/edgar/data/1838126/000119312525178668/0001193125-25-178668-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.