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HPS Corporate Lending Fund doubles credit facility to $500 million
By Wendy Van Sickle
Columbus, Ohio, Aug. 3 – HPS Corporate Lending Fund entered into an amendment to the credit agreement with HLEND Holdings D, LP as borrower and BNP Paribas as administrative agent on Aug. 1 to double the maximum facility amount to $500 million, according to an 8-K filing with the Securities and Exchange Commission.
U.S. Bank Trust Co., NA is collateral agent.
The credit agreement is originally dated March 31, 2023.
HPS is a New York-based fund that seeks to invest primarily in newly originated senior secured debt and debt securities.
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