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Portfolio Companies7
Company Name
|
Industry
|
Investment Type
|
Reference Rate & Spread
|
Par Amount (thousands)
|
Amortized Cost (thousands)
|
Fair Value (thousands)
|
% of Total Portfolio
|
---|---|---|---|---|---|---|---|
Coding Solutions Acquisition, Inc. (CorroHealth) | Medical Equipment and Services | 1st Lien Senior Secured Debt | SF + 6.00% | $34,900 | (833) | (556) | -0.01% |
WP CPP Holdings, LLC (Consolidated Precision Products) | Aerospace and Defense | 1st Lien Senior Secured Debt | SF + 6.75% | $26,285 | (630) | (630) | -0.01% |
Zeus Company LLC (Zeus Company Inc.) | Medical Equipment and Services | 1st Lien Senior Secured Debt | SF + 5.50% | $44,595 | (668) | (669) | -0.01% |
ASSOCIATIONS INC. | Media | 1st Lien Senior Secured Debt | SF + 6.50% | $403 | 204 | 207 | 0.00% |
Advarra Holdings, Inc. (Advarra, Inc.) | Pharmaceuticals and Biotechnology | 1st Lien Senior Secured Debt | SF + 5.75% | $6,340 | (93) | 63 | 0.00% |
Alera Group, Inc. | Non-life Insurance | 1st Lien Senior Secured Debt | SF + 5.75% | $5,196 | (50) | (18) | 0.00% |
Atlas Intermediate III, L.L.C. (Actylis) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 7.50% | $13,445 | (317) | (183) | 0.00% |
Bamboo US BidCo LLC (Baxter International Inc.) | Medical Equipment and Services | 1st Lien Senior Secured Debt | SF + 6.00% | $21,254 | (593) | (416) | 0.00% |
Captive Resources Midco LLC (Captive Resources Midco, LLC) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 5.25% | $7,558 | (109) | - | 0.00% |
E.S.G. Movilidad, S.L.U. (EYSA) | Industrial Transportation | 1st Lien Senior Secured Debt | E + 6.75% | €11,245 | (295) | (16) | 0.00% |
ERC Topco Holdings, LLC (Eating Recovery Center) | Health Care Providers | 1st Lien Senior Secured Debt | SF + 6.25% (incl 6.25% PIK) | $205 | 205 | 152 | 0.00% |
Eagle LNG Partners Jacksonville II LLC (Eagle LNG Partners) | Gas, Water and Multi-utilities | Equity and other investments | $0 | 0 | 0 | 0.00% | |
IP Operating Portfolio I, LLC (Intersect Power) | Electricity | Equity and other investments | $0 | 68 | 199 | 0.00% | |
Integrity Marketing Acquisition LLC (Integrity Marketing Group) | Non-life Insurance | 1st Lien Senior Secured Debt | SF + 6.00% | $5,826 | 354 | 383 | 0.00% |
Integrity Marketing Acquisition LLC (Integrity Marketing Group) | Non-life Insurance | 1st Lien Senior Secured Debt | SF + 6.50% | $472 | (4) | (2) | 0.00% |
Picard Holdco, Inc. (Citrix) | Software and Computer Services | Preferred Equity | SF + 12.00% (incl 12.00% PIK) | $334 | 325 | 378 | 0.00% |
Spanx, LLC | Personal Goods | 1st Lien Senior Secured Debt | SF + 5.00% | $5,000 | (64) | - | 0.00% |
Truck-Lite Co, LLC (Clarience Technologies) | Industrial Transportation | 1st Lien Senior Secured Debt | SF + 5.75% | $21,311 | (24) | (24) | 0.00% |
VetCor Group Holdings LLC (VetCor) | Health Care Providers | Unsecured Debt | 14.75% PIK | $239 | 233 | 229 | 0.00% |
Brightstar Escrow Corp. | Electronic and Electrical Equipment | 1st Lien Senior Secured Debt | 9.75% | $1,000 | 990 | 1,019 | 0.01% |
Carlyle Global Market Strategies (Carlyle US CLO 2021-7, Ltd.) | Structured Finance | Structured Finance investments | SF + 5.66% | $1,200 | 946 | 1,120 | 0.01% |
Eagle 2021 Lower Merger Sub, LLC (Argos Health Holdings, Inc.) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 5.75% | $817 | 806 | 790 | 0.01% |
Eagle LNG Partners Jacksonville II LLC (Eagle LNG Partners) | Gas, Water and Multi-utilities | 1st Lien Senior Secured Debt | SF + 9.88% | $620 | 616 | 615 | 0.01% |
Standard Industries Inc | Industrial Engineering | 1st Lien Senior Secured Debt | SF + 2.25% | $1,264 | 1,264 | 1,265 | 0.01% |
Thrasio LLC (Thras IO Inc) | Consumer Services | 1st Lien Senior Secured Debt | SF + 7.00% | $2,912 | 2,903 | 999 | 0.01% |
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Footnotes
- Computed as (a) the annual stated interest rate or yield plus the annual accretion of discounts and less any annual amortization of premiums, as applicable, on accruing (i) debt and (ii) other income producing securities, divided by (b) total accruing (i) debt and (ii) other income producing securities (at fair value or amortized cost, as applicable). Actual yields earned over the life of each investment could differ materially from the yields presented above.
- Private Investments represents level 3 investments in the investment portfolio where inputs to the valuation methodology are unobservable and significant to overall fair value measurement. Measured as total fair value of investments.
- Measured as the fair value of investments for each category relative to the total fair value of investments. Totals may not sum due to rounding.
- Measured as the fair value of debt investments.
- Calculated with respect to all private investments, including investments for which fair value is determined by HPS (in its capacity as the investment manager of HLEND) (with assistance, at least quarterly, from a third-party valuation firm, and overseen by HLEND’s Board of Trustees) and, in the case of weighted average EBITDA only, excludes investments where net debt to EBITDA may not be the appropriate measure of credit risk. Figures are derived from the financial statements most recently obtained by the Adviser. Weighted average EBITDA is weighted based on the fair value of our total applicable private debt investments.
- Other includes structured finance investments and investments in joint ventures.
- All figures are as of February 29, 2024 unless otherwise indicated. % of total portfolio shown above is measured as total fair value of investments.