HPS Corporate Capital Solutions Fund 8-K

What Happened

• HPS Corporate Capital Solutions Fund filed an 8‑K (Dec 29, 2025) disclosing unregistered sales of common shares on December 1, 2025 (purchase price per share finalized Dec 24 at $26.97), the fund’s NAV as of November 30, 2025, and declared December distributions.
• The December issuances were made under subscription agreements and relied on exemptions from registration (Section 4(a)(2) and Regulation D or S), based on investor representations that purchasers were accredited investors or non‑U.S. persons.

Key Details

• December 1, 2025 issuances (finalized Dec 24 at $26.97/share): Class I — 1,388,654 shares for $37.45M; Class D — 640,897 shares for $17.29M; Class S — none.
• Cumulative offering through the Dec 1, 2025 subscription date: total 45,542,417 shares for $1,183.77M (Class I: 2,496,703 shares / $67.04M; Class D: 43,045,714 shares / $1,116.73M). Fund intends to continue monthly share sales.
• NAV and balance sheet (as of Nov 30, 2025): NAV per share $26.97 for all classes; aggregate NAV $1,199.0M; investment portfolio fair value $2,068.0M; principal debt outstanding $884.2M; average debt‑to‑equity ~0.74x for November 2025.
• Distributions declared Dec 24, 2025: regular gross distribution $0.1390/share (net by class: Class I $0.1390, Class D $0.1333, Class S $0.1195) payable to holders of record Dec 31, 2025 (paid ~Jan 28, 2026); special distribution $0.10/share payable ~Jan 30, 2026. Distributions may be paid in cash or reinvested under the fund’s DRIP.

Why It Matters

• The filing shows the fund actively raising capital via monthly share offerings (material increases in shares and proceeds), which provides capital for investments but can affect per‑share metrics depending on deployment and performance.
• NAV stability at $26.97 per share (as reported) and the fund’s leverage (debt outstanding and ~0.74x debt‑to‑equity in Nov) give investors a snapshot of size, portfolio fair value and borrowing levels.
• Declared regular and special distributions (including options to reinvest) are immediately relevant to income‑oriented shareholders and will be payable to holders of record Dec 31, 2025.