UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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Item 1.01. | Entry into a Material Definitive Agreement |
On April 23, 2025, HPS Corporate Capital Solutions Fund (the “Fund”), as borrower, entered into that certain Amendment No. 1 to Senior Secured Revolving Credit Agreement (the “Amendment”) with JPMorgan Chase Bank, N.A., as administrative agent and as collateral agent, and the lenders party thereto, amending that certain Senior Secured Revolving Credit Agreement, dated as of April 8, 2024, among the Fund, as borrower, JPMorgan Chase Bank, N.A., as administrative agent and as collateral agent, and the lenders party thereto (as amended by the Amendment, the “Credit Agreement”). Capitalized terms used but not defined herein shall have the meanings specified in the Credit Agreement.
The Amendment provides for, among other things, (i) an increase in the aggregate commitments of the lenders from $725,000,000 to $900,000,000, (ii) an extension of the Commitment Termination Date from April 8, 2028 to April 23, 2029, (iii) an extension of the Maturity Date from April 8, 2029 to April 23, 2030, (iv) an amendment to the accordion provision to permit increases up to a total facility amount of $1,350,000,000, (v) a 10 basis point reduction in the Applicable Margin, and (vi) a 5 basis point reduction in the Commitment Fee.
The description above is only a summary of the material provisions of the Amendment and is qualified in its entirety by reference to a copy of the Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated by reference herein.
Item 2.03. | Creation of Direct Financial Obligation |
The information included under Item 1.01 above regarding the Commitment Increase Agreement and the Revolving Credit Facility is incorporated by reference into this Item 2.03.
Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits
10.1 | Amendment No. 1 to Senior Secured Revolving Credit Agreement, dated as of April 23, 2025, by and among HPS Corporate Capital Solutions Fund, JPMorgan Chase Bank, N.A., as administrative agent and as collateral agent, and the lenders party thereto. | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
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 Capital Solutions Fund | ||||||
Date: April 28, 2025 | By: | /s/ Robert Busch | ||||
Name: | Robert Busch | |||||
Title: | Chief Financial Officer and Principal Accounting Officer |