HPS Corporate Lending Fund 8-K

What Happened
HPS Corporate Lending Fund announced on May 27, 2026 that it declared regular and variable supplemental distributions for each class of its common shares, payable to holders of record as of May 31, 2026 and to be paid on or about June 30, 2026 (cash or reinvested). The fund also reported its net asset value (NAV) per share as of April 30, 2026 and provided portfolio, debt and ongoing offering figures in an 8-K filed May 28, 2026.

Key Details

• Distributions declared: gross regular distribution of $0.1600 per share for all classes plus a variable supplemental distribution of $0.0440 per share. Total per-share distributions: Class I $0.2040; Class D $0.1987; Class F $0.1935; Class S $0.1861.
• Record and payment dates: shareholders of record as of May 31, 2026; payment on or about June 30, 2026; option to receive cash or reinvest via the fund’s reinvestment plan.
• NAV and balance sheet (as of April 30, 2026): NAV per share $24.73 for all classes; aggregate NAV $12,590.8 million; investment portfolio fair value $24,845.5 million; principal debt outstanding $12,803.1 million; average debt-to-equity ~0.99x in April 2026.
• Offering status: continuing public offering of up to $15.0 billion; through the May 1, 2026 subscription date the fund had issued 553,482,906 shares for total consideration of about $13.9 billion (Class I $5.8B, Class D $1.3B, Class F $5.9B, Class S $0.9B).

Why It Matters
The declared distributions affect near-term income for shareholders (cash or reinvestment) and provide a clear per-share payout amount. The NAV, portfolio fair value, outstanding debt and near-1.0 debt-to-equity ratio give investors a snapshot of the fund’s leverage and scale as of April 30, 2026. The update on the ongoing $15.0 billion offering shows substantial capital raised (about $13.9B issued so far), which can influence liquidity and future asset growth.