Subsequent Events |
6 Months Ended |
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Jun. 30, 2023 | |
| Subsequent Events [Abstract] | |
| Subsequent Events | Subsequent Events The Company’s management evaluated subsequent events through the date of issuance of the consolidated financial statements. There have been no additional subsequent events that occurred during such period that would require disclosure in, or would be required to be recognized in the consolidated financial statements as of June 30, 2023, except as discussed below.
Subscriptions
The Company received $147.4 million of net proceeds relating to the issuance of Class I shares, Class D shares, and Class F shares for subscriptions effective July 1, 2023.
The Company received $209.9 million of net proceeds relating to the issuance of Class I shares, Class D shares, and Class F shares for subscriptions effective August 1, 2023.
Distributions Declarations
On July 31, 2023, the Company’s Board declared net distributions of $0.1600 per Class I share, $0.1548 per Class D share, and $0.1495 per Class F share, all of which are payable on August 31, 2023 to shareholders of record as of July 31, 2023. Additionally, the Company’s Board declared variable supplemental distributions of $0.0450 for all share classes outstanding, all of which are payable on August 31, 2023 to shareholders of record as of July 31, 2023.
Financing Transactions
On July 12, 2023, the Company increased the aggregate commitments of the lenders under the Revolving Credit Facility from $1,125 million to $1,275 million through the accordion feature of the Revolving Credit Facility.
On August 1, 2023, the Company entered into the First Amendment to the HLEND D Funding Facility Credit Agreement (the “Amendment”). The Amendment provides for, among other things, an increase in the Maximum Facility Amount under the HLEND D Funding Facility from $250 million to $500 million.
Governance
On August 8, 2023, the Board appointed Grishma Parekh to serve as President of the Company. Ms. Parekh is a Managing Director at HPS and Co-Head of North American Core Senior Lending.
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