HPS Corporate Lending increases revolver commitments to $1.3 billion

By Wendy Van Sickle

Columbus, Ohio, Jan. 18 – HPS Corporate Lending Fund increased commitments under its senior secured revolving credit agreement with JPMorgan Chase Bank, NA as administrative agent by $25 million to $1.3 billion on Jan. 17, according to an 8-K filing with the Securities and Exchange Commission.

The increase was by way of an enlarged commitment from Deutsche Bank AG, New York Branch.

The accordion feature allows the facility to be increased to a maximum of $1,912,500,000.

HPS is a New York-based fund that seeks to invest primarily in newly originated senior secured debt and debt securities.

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