Cover
Cover | May 23, 2024 |
Document Information [Line Items] | |
Document Type | 8-K |
Document Period End Date | May 23, 2024 |
Entity Registrant Name | HPS CORPORATE LENDING FUND |
Entity Incorporation, State or Country Code | DE |
Securities Act File Number | 814-01431 |
Entity Tax Identification Number | 84-6391045 |
Entity Address, Address Line One | 40 West 57th Street |
Entity Address, Address Line Two | 33rd Floor |
Entity Address, City or Town | New York |
Entity Address, State or Province | NY |
Entity Address, Postal Zip Code | 10019 |
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 |
N-2
N-2 $ in Thousands | May 23, 2024 USD ($) |
Cover [Abstract] | |
Entity Central Index Key | 0001838126 |
Amendment Flag | false |
Securities Act File Number | 814-01431 |
Document Type | 8-K |
Entity Registrant Name | HPS CORPORATE LENDING FUND |
Entity Address, Address Line One | 40 West 57th Street |
Entity Address, Address Line Two | 33rd Floor |
Entity Address, City or Town | New York |
Entity Address, State or Province | NY |
Entity Address, Postal Zip Code | 10019 |
City Area Code | 212 |
Local Phone Number | 287-6767 |
Entity Emerging Growth Company | false |
Capital Stock, Long-Term Debt, and Other Securities [Abstract] | |
Long Term Debt [Table Text Block] | On May 23, 2024 (the “Closing Date”), HPS Corporate Lending Fund (the “Fund”) completed its $526.00 million term debt securitization (the “2024 Debt Securitization”), also known as a collateralized loan obligation, in connection with which a subsidiary of the Fund issued the Notes (as defined below). The 2024 Debt Securitization is subject to the Fund’s overall asset coverage requirement. |
Long Term Debt, Principal | $ 526,000 |
Long Term Debt, Structuring [Text Block] | The notes offered in the 2024 Debt Securitization were issued by HLEND CLO 2024-2, LLC (i) Class A-1 Class A-2 Class A-F Class B-1 Class B-2 Class B-F Class C-1 Class C-2 Class C-F Class Par Size ($) Ratings (S&P) Coupon Class A-1 255,000,000 AAA(sf) SOFR + 0.250% Class A-2 40,850,000 AAA(sf) SOFR + 1.875% Class A-F 9,150,000 AAA(sf) 6.275% Class B-1 35,000,000 AA(sf) SOFR + 0.500% Class B-2 13,500,000 AA(sf) SOFR + 2.400% Class B-F 1,500,000 AA(sf) 6.714% Class C-1 31,500,000 A(sf) SOFR + 0.750% Class C-2 12,150,000 A(sf) SOFR + 3.200% Class C-F 1,350,000 A(sf) 7.490% Subordinated Notes 126,000,000 N/A N/A |
Long Term Debt, Dividends and Covenants [Text Block] | The Secured Notes are the secured obligations of the 2024 Issuer, the Subordinated Notes are the unsecured obligations of the 2024 Issuer, and the indenture governing the Notes include customary covenants and events of default. The Notes have not been, and will not be, registered under the Securities Act of 1933, as amended, or any state securities or “blue sky” laws and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or an applicable exemption from registration. |