UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
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| Item 1.01. | Entry into a Material Definitive Agreement. |
On November 21, 2024, HPS Corporate Lending Fund (the “Fund”) executed the Third Amendment to Credit Agreement (the “Amendment”), amending that certain Revolving Credit and Security Agreement, dated as of March 31, 2023, among the Fund, as equityholder and collateral manager, HLEND Holdings D, L.P., as borrower (the “Borrower”), U.S. Bank Trust Company, National Association, as collateral agent, BNP Paribas, as administrative agent, and the lenders from time to time party thereto (as amended and supplemented prior to the Amendment, the “Credit Agreement”). Capitalized terms used but not defined herein shall have the meanings ascribed in the Credit Agreement (as amended by the Amendment).
The Amendment, among other things, (i) increases the Maximum Facility Amount from $500,000,000 to $1,000,000,000 and (ii) reduces the Applicable Margin to be 2.00% per annum.
The description above is only a summary of the material provisions of the Amendment and is qualified in its entirety by reference to a copy of the Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated by reference herein.
| Item 2.03. | Creation of Direct Financial Obligation. |
The information included under Item 1.01 above regarding the Amendment is incorporated by reference into this Item 2.03.
| Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits
| 10.1 | Third Amendment to Credit Agreement, dated November 21, 2024, by and among HPS Corporate Lending Fund, as equityholder and collateral manager, HLEND Holdings D, L.P., as borrower, U.S. Bank Trust Company, National Association, as collateral agent, BNP Paribas, as administrative agent, and the lenders party thereto. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| HPS CORPORATE LENDING FUND | ||||||||
| Date: November 21, 2024 | By: | /s/ Robert Busch |
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| Name: | Robert Busch | |||||||
| Title: | Chief Financial Officer and Principal Accounting Officer | |||||||