08/05/2026 | Press release | Distributed by Public on 08/05/2026 08:23
| Item 1.01. |
Entry into a Material Definitive Agreement |
On August 4, 2026, HPS Corporate Lending Fund (the "Fund"), as borrower, entered into that certain Amendment No. 4 to Senior Secured Revolving Credit Agreement (the "Amendment") with JPMorgan Chase Bank, N.A., as administrative agent and as collateral agent, and the lenders party thereto, amending that certain Senior Secured Revolving Credit Agreement, dated as of June 23, 2022, among the Fund, as borrower, JPMorgan Chase Bank, N.A., as administrative agent and as collateral agent, and the lenders party thereto (as amended by that certain Amendment No. 1, dated as of October 30, 2023, by that certain Amendment No. 2, dated as of June 11, 2024, by that certain Amendment No. 3, dated as of April 29, 2025 and by the Amendment, the "Credit Agreement"). Capitalized terms used but not defined herein shall have the meanings specified in the Credit Agreement.
The Amendment provides for, among other things, (i) an increase in the aggregate commitments of the lenders from $2,650,000,000 to $3,325,000,000, (ii) an extension of the Commitment Termination Date from April 29, 2029 to August 4, 2030, (iii) an extension of the Maturity Date from April 29, 2030 to August 4, 2031, (iv) an amendment to the accordion provision to permit increases up to a total facility amount of $4,987,500,000 and (v) removal of the credit spread adjustment of 0.10% that was previously added to the Term SOFR Rate applicable to U.S. dollar loans.
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 and the Credit Agreement is incorporated by reference into this Item 2.03.