HPS Corporate Lending Fund

09/13/2024 | Press release | Distributed by Public on 09/13/2024 12:46

Material Agreement Form 8 K

Item 1.01.
Entry into a Material Definitive Agreement
On September 12, 2024, HPS Corporate Lending Fund (the "
Fund
") entered into a Commitment Increase Agreement (the "
Commitment Increase Agreement
") among the Fund, U.S. Bank National Association, as the assuming lender (the "
Assuming Lender
"), JPMorgan Chase Bank, N.A., as administrative agent, and the issuing banks, pursuant to the Fund's Senior Secured Revolving Credit Agreement, dated as of June 23, 2022, among the Fund, as borrower, the lenders from time to time party thereto, and JPMorgan Chase Bank, N.A., as administrative agent (as amended and supplemented, the "
Revolving Credit Facility
").
The Commitment Increase Agreement provides for the Assuming Lender's multicurrency commitment, thereby bringing aggregate commitments of the lenders under the Revolving Credit Facility from $1,300,000,000 to $1,375,000,000 through the accordion feature in the Revolving Credit Facility. The accordion feature in the Revolving Credit Facility allows the Fund, under certain circumstances, to increase the total size of the facility to a maximum aggregate commitment of $1,912,500,000.
The description above is only a summary of the material provisions of the Commitment Increase Agreement and is qualified in its entirety by reference to a copy of the Commitment Increase Agreement, which is filed as Exhibit 10.1 to this Current Report on Form
8-K
and incorporated by reference herein.