secwatch.observer — SEC 8-K summary
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Issuer:     HPS Corporate Lending Fund (—)
CIK:        0001838126
Form:       8-K
Filed at:   2026-01-13T23:59:59+00:00
Accession:  0001193125-26-011778
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1838126/000119312526011778/0001193125-26-011778-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1838126/000119312526011778/d84163d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-011778

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