8-K

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): October 27, 2023

__________________

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) 287-6767

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.

October 2023 Distributions

On October 27, 2023, the Fund declared regular and variable supplemental distributions for each class of its common shares of beneficial interest (the “Shares”) in the amounts per share set forth below:

	Gross Distribution		Shareholder Servicing and/or Distribution Fee		Net Distribution - Regular		Variable Supplemental Distribution		Net Distribution - Total
Class I Common Shares	$	0.1600	$	—	$	0.1600	$	0.0550	$	0.2150
Class D Common Shares	$	0.1600	$	0.0053	$	0.1547	$	0.0550	$	0.2097
Class F Common Shares	$	0.1600	$	0.0107	$	0.1493	$	0.0550	$	0.2043
Class S Common Shares	$	0.1600	$	0.0181	$	0.1419	$	0.0550	$	0.1969

The regular and variable supplemental distributions for each class of Shares are payable to shareholders of record as of October 31, 2023 and will be paid on or about November 30, 2023.

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 September 30, 2023, as determined in accordance with the Fund’s valuation policy, is set forth below.

	NAV per share as of September 30, 2023
Class I Common Shares	$	25.11
Class D Common Shares	$	25.11
Class F Common Shares	$	25.11
Class S Common Shares (1)	N/A

(1) Class S commenced operations on October 1, 2023 at an offering price of $25.11 per share.

As of September 30, 2023, the Fund’s aggregate NAV was $4,580.7 million, the fair value of its investment portfolio was $7,693.9 million and it had principal debt outstanding of $3,379.7 million, resulting in a debt-to-equity ratio of approximately 0.74 times.

Status of Offering

The Fund is currently publicly offering on a continuous basis up to $8.0 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 October 1, 2023 subscription date). The Fund intends to continue selling Shares in the Offering on a monthly basis.

	Common Shares Issued	Total Consideration (1)
Class I Common Shares	46,664,507	$	1.2	billion
Class D Common Shares	26,927,133	$	0.7	billion
Class F Common Shares	118,079,763	$	2.9	billion
Class S Common Shares	71,685	$	—	billion
Total Offering*	191,743,088	$	4.7	billion

*Amounts may not sum due to rounding.

(1) Total consideration for Class S Common Shares as of October 1, 2023 was approximately $1.8 million.

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 31, 2023	By:	/s/ Robert Busch
	Name:	Robert Busch
	Title:	Chief Financial Officer and Principal Accounting Officer

XML

Cover	Oct. 27, 2023
Cover [Abstract]
Document Type	8-K
Document Period End Date	Oct. 27, 2023
Entity Registrant Name	HPS CORPORATE LENDING FUND
Entity Incorporation, State or Country Code	DE
Entity File Number	814-01431
Entity Tax Identification Number	84-6391045
Entity Address, Postal Zip Code	10019
Entity Address, State or Province	NY
Entity Address, City or Town	New York
Entity Address, Address Line Two	33rd Floor
Entity Address, Address Line One	40 West 57th Street
City Area Code	212
Local Phone Number	287-6767
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Entity Emerging Growth Company	false
Amendment Flag	false
Entity Central Index Key	0001838126