Hancock Park Corporate Income, Inc. 8-K

What Happened

• Hancock Park Corporate Income, Inc. filed a Form 8-K on December 29, 2025 reporting an amendment (the "Secured Revolver Amendment") to its Business Loan Agreement with Banc of California (formerly Pacific Western Bank). The amendment revises the Company’s senior secured revolving credit facility used for general corporate purposes, including investment funding.

Key Details

• Revolver commitment reduced from $15.0 million to $7.5 million.
• Minimum tangible net asset value covenant lowered from $12.0 million to $7.5 million.
• Minimum quarterly net investment income covenant (after management/incentive fee) lowered from $200,000 to $150,000.
• The Company incurred customary fees and expenses in connection with closing the amendment; the amendment is filed as Exhibit 10.1 to the 8-K.

Why It Matters

• The amendment both reduces Hancock Park’s available borrowing capacity and relaxes several covenants, which directly affects the company’s liquidity and the financial tests it must meet under the loan. Investors should note the lower credit availability and the changed performance thresholds when evaluating the company’s ability to fund investments or respond to cash needs.