secwatch.observer — SEC 8-K summary
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Issuer:     HPS Corporate Lending Fund (—)
CIK:        0001838126
Form:       8-K
Filed at:   2026-05-19T20:08:00+00:00
Accession:  0001193125-26-230754
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HPS Corporate Lending Fund issues $600M of 6.300% notes due 2031
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- $600M aggregate principal, 6.300% coupon, semi-annual, matures Aug 19, 2031.
- Net proceeds ~$594.3M after discounts/expenses; used for investments, reduce borrowings, general corporate.
- Entered interest rate swap: receives fixed 6.300%, pays 3-month Term SOFR + 2.394% on $600M.
- Registration rights agreement with initial purchasers requires exchange offer or shelf registration.
- Notes are unsecured, rank pari passu with other unsecured unsubordinated debt, effectively junior to secured debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1838126/000119312526230754/0001193125-26-230754-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1838126/000119312526230754/d141474d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-230754

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