HPS Corporate Lending Fund 8-K

What Happened
HPS Corporate Lending Fund announced on December 23, 2025 that it entered into the Eighth Amendment to the Loan and Servicing Agreement (the “Amendment”) among HLEND Holdings A, L.P. (borrower), the Fund (as servicer), Morgan Stanley Bank, N.A. and Canadian Imperial Bank of Commerce (lenders), and Morgan Stanley Senior Funding, Inc. (administrative agent). The Amendment modifies the existing revolving Credit Agreement dated February 3, 2022.

Key Details

• Facility amount increased to $1,600,000,000 (the “Amended Credit Facility”).
• Applicable Margin changed to a blended rate tied to the percentage of Outstanding Balance that are liquid loans, with a floor of 1.75%; the margin increases by an additional 0.10% per year during the Amortization Period.
• Stated Maturity extended to December 23, 2030.
• Commitment Termination Date extended to December 23, 2028.

Why It Matters
This amendment raises the Fund’s available revolving borrowing capacity and pushes key maturity dates further into the future, which may reduce near-term refinancing pressure for the borrower and the lenders under the facility. The blended Applicable Margin links borrowing cost to the liquidity composition of outstanding loans, which could affect interest expense under different loan mixes. Investors should note these concrete changes to the credit terms, as they affect the Fund’s role as servicer and the economics and duration of the underlying revolving facility.