0001838126-22-000032.txt : 20221003 0001838126-22-000032.hdr.sgml : 20221003 20221003171431 ACCESSION NUMBER: 0001838126-22-000032 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220929 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Other Events FILED AS OF DATE: 20221003 DATE AS OF CHANGE: 20221003 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HPS Corporate Lending Fund CENTRAL INDEX KEY: 0001838126 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 814-01431 FILM NUMBER: 221288474 BUSINESS ADDRESS: STREET 1: 40 WEST 57TH STREET, 33RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 212.287.6767 MAIL ADDRESS: STREET 1: 40 WEST 57TH STREET, 33RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 8-K 1 hpscorporatelendingfund_x2.htm 8-K Document

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
__________________
FORM 8-K
__________________
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 29, 2022
__________________
HPS CORPORATE LENDING FUND
(Exact name of Registrant as specified in Its Charter)
__________________
DELAWARE 814-01431 84-6391045
(State or other jurisdiction
of incorporation)
 
(Commission File
Number)
 
(I.R.S. Employer
Identification No.)
40 West 57th Street, 33rd Floor
New York, New York
 10019
(Address of Principal Executive Offices) (Zip Code)
Registrant’s telephone number, including area code: (212) 287-4900
Not Applicable
(Former name or former address, if changed since last report)
__________________
Securities registered pursuant to Section 12(b) of the Act: None
Title of each class 
Trading
Symbol(s)
 
Name of each exchange
on which registered
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
















Item 7.01. Regulation FD Disclosure.

September 2022 Distributions

On September 30, 2022, HPS Corporate Lending Fund (the “Fund”) declared regular distributions for each class of its common shares of beneficial interest (the “Shares”) in the amount per share set forth below:
 Gross DistributionShareholder Servicing and/or Distribution Fee*Net Distribution
Class I Common Shares$0.1464 $— $0.1464 
Class D Common Shares$0.1464 $— $0.1464 
Class F Common Shares$0.1464 $— $0.1464 
*Emerson Equity LLC, the Fund's Managing Dealer, has agreed to waive shareholder servicing and/or distribution fees for Class D common shares and Class F common shares for the first nine months following February 3, 2022, the date on which the Fund broke escrow. No shareholder servicing and/or distribution fees will be paid with respect to the Class I common shares.
The regular distributions for each class of Shares are payable to shareholders of record as of September 30, 2022 and will be paid on or about October 31, 2022.
These distributions will be paid in cash or reinvested in additional Shares for shareholders participating in the Fund’s distribution reinvestment plan.
Item 8.01. Other Events.
Net Asset Value

The net asset value ("NAV") per share for each class of the Fund as of August 31, 2022, as determined in accordance with the Fund’s valuation policy, is set forth below.
 
NAV per share as of August 31, 2022
Class I Common Shares$24.51 
Class D Common Shares$24.51 
Class F Common Shares$24.51 
As of August 31, 2022, the Fund’s aggregate NAV was $2,783.4 million, the fair value of its investment portfolio was $4,178.8 million and it had principal debt outstanding of $1,327.5 million, resulting in a debt-to-equity ratio of approximately 0.48 times.

Status of Offering
The Fund is currently publicly offering on a continuous basis up to $4.0 billion in Shares (the “Offering”). The following table lists the Shares and total consideration for the Offering as of the date of this filing (through the September 1, 2022 subscription date). The Fund intends to continue selling Shares in the Offering on a monthly basis.
 Common Shares IssuedTotal Consideration
Class I Common Shares31,651,890 $0.8 billion
Class D Common Shares15,913,478 $0.4 billion
Class F Common Shares81,923,845 $2.0 billion
Total Offering*129,489,213 $3.2 billion
*Amounts may not sum due to rounding.


SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

HPS CORPORATE LENDING FUND
Date: October 3, 2022
By:
/s/ Yoohyun K. Choi
Name:
Yoohyun K. Choi
Title:
Secretary