HPS Corporate Lending lifts revolver commitment to $1.13 billion

By Wendy Van Sickle

Columbus, Ohio, Nov. 4 – HPS Corporate Lending Fund entered into a commitment increase agreement to its senior secured revolving credit agreement on Thursday with JPMorgan Chase Bank, NA as administrative agent, according to an 8-K filing with the Securities and Exchange Commission.

The revolving commitment was increased to $1,125,000,000 from $925 million via the accordion feature, which allows commitments to be expanded up to a maximum of $1.85 billion.

The New York-based fund seeks to invest primarily in newly originated senior secured debt and debt securities.

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