HPS Corporate Lending Fund issues $750M in notes across 2029 and 2031 tranches

HPS Corporate Lending Fund

$350M of 5.150% notes due 2029 and $400M of 5.650% notes due 2031; net proceeds ~$742.3M.
Notes are unsecured, rank pari passu with other unsecured unsubordinated debt, structurally junior to subsidiary debt.
Proceeds to be used for investments, reduce borrowings, and general corporate purposes.
Entered interest rate swaps converting fixed to floating (3-month Term SOFR + spread) to match floating-rate loan portfolio.
Registration rights agreements require exchange offer or shelf; failure triggers additional interest.

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 incurred senior notes of $400,000,000 with U.S. Bank Trust Company, National Association at 5.650% maturing April 2, 2031.

Instrument: senior notes
Principal: $400,000,000
Counterparty: U.S. Bank Trust Company, National Association
Rate: 5.650%
Maturity: April 2, 2031
Event: incurrence

Exact text from the filing

On January 13, 2026, HPS Corporate Lending Fund (the “ Fund ”) and U.S. Bank Trust Company, National Association (the “ Trustee ”) entered into (i) a Ninth Supplemental Indenture (the “ Ninth Supplemental Indenture ”) relating to the Fund’s issuance of $350,000,000 in aggregate principal amount of its 5.150% notes due 2029 (the “ 2029 Notes ”) and (ii) a Tenth Supplemental Indenture (the “ Tenth Supplemental Indenture ”) relating to the Fund’s issuance of $400,000,000 in aggregate principal amount of its 5.650% notes due 2031 (the “ 2031 Notes ”

View on SEC.gov

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

HPS Corporate Lending Fund incurred senior notes of $350,000,000 with U.S. Bank Trust Company, National Association at 5.150% maturing April 2, 2029.

Instrument: senior notes
Principal: $350,000,000
Counterparty: U.S. Bank Trust Company, National Association
Rate: 5.150%
Maturity: April 2, 2029
Event: incurrence

Exact text from the filing

On January 13, 2026, HPS Corporate Lending Fund (the “ Fund ”) and U.S. Bank Trust Company, National Association (the “ Trustee ”) entered into (i) a Ninth Supplemental Indenture (the “ Ninth Supplemental Indenture ”) relating to the Fund’s issuance of $350,000,000 in aggregate principal amount of its 5.150% notes due 2029 (the “ 2029 Notes ”)

View on SEC.gov

306 debt financings filed in the last 30 days. Browse all debt financings →

Source: SEC EDGAR

accession 0001193125-26-011778

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.