HPS Corporate Capital Solutions Fund
06/27/2024 | Press release | Distributed by Public on 06/27/2024 13:44
Material Event Form 8 K
Item 3.02. Unregistered Sales of Equity Securities.
On June 1, 2024, HPS Corporate Capital Solutions Fund (the "Fund") sold common shares of beneficial interest (the "Shares"). The purchase price per share and number of Shares issued was finalized on June 26, 2024. The purchase price per share was equal to $25.83. The following table details the Shares sold:
| Date of Issuance | Common Shares Issued | Total Consideration (in millions) | |
|
June 1, 2024
|
3,132,462 | $ | 80.91 |
The sale of Shares was made pursuant to subscription agreements entered into by the Fund and its investors. The issuance of the Common Shares is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"), pursuant to Section 4(a)(2) thereof and Regulation D or Regulation S thereunder, as applicable. The Fund relied upon representations from the shareholders in the subscription agreements that each shareholder was either (i) an accredited investor as defined in Regulation D under the Securities Act or (ii) not a "U.S. person" as defined in Regulation S under the Securities Act.