Portfolio Companies7
Company Name
|
Industry
|
Investment Type
|
Reference Rate & Spread
|
Par Amount (thousands)
|
Amortized Cost (thousands)
|
Fair Value (thousands)
|
% of Total Portfolio
|
---|---|---|---|---|---|---|---|
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% | |
Southern Graphics Holdings LLC (Southern Graphics Inc.) | Industrial Support Services | Equity and other investments | $0 | 2,333 | 2,333 | 0.02% | |
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% |
VetCor Group Holdings LLC (VetCor) | Health Care Providers | Unsecured Debt | 14.75% PIK | $239 | 233 | 229 | 0.00% |
Picard Holdco, Inc. (Citrix) | Software and Computer Services | Preferred Equity | SF + 12.00% (incl 12.00% PIK) | $334 | 325 | 378 | 0.00% |
ASSOCIATIONS INC. | Media | 1st Lien Senior Secured Debt | SF + 6.50% | $403 | 204 | 207 | 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% |
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% |
Argos Health Holdings, Inc. | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 5.75% | $653 | 645 | 632 | 0.01% |
Sunset Debt Merger Sub, Inc. (Springs Window) | Household Goods and Home Construction | 1st Lien Senior Secured Debt | SF + 4.00% | $707 | 612 | 643 | 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% |
Brightstar Escrow Corp. | Electronic and Electrical Equipment | 1st Lien Senior Secured Debt | 9.75% | $1,000 | 990 | 1,019 | 0.01% |
OneTeam Partners, LLC (OneTeam Partners) | Media | Preferred Equity | 8.00% | $1,000 | 1,000 | 1,149 | 0.01% |
VetCor Group Holdings LLC (VetCor) | Health Care Providers | Unsecured Debt | 13.75% PIK | $1,175 | 1,156 | 1,076 | 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% |
Standard Industries Inc | Industrial Engineering | 1st Lien Senior Secured Debt | SF + 2.25% | $1,264 | 1,264 | 1,265 | 0.01% |
DCA Acquisition Holdings LLC (Dental Care Alliance) | Medical Equipment and Services | Unsecured Debt | 13.13% PIK | $1,322 | 1,300 | 1,261 | 0.01% |
Catskill Park CLO, LTD. | Structured Finance | Structured Finance investments | SF + 6.26% | $1,350 | 1,233 | 1,347 | 0.01% |
Nexus Intermediate III, LLC (Vortex Industries) | Construction and Materials | 1st Lien Senior Secured Debt | SF + 5.50% | $1,364 | 1,049 | 1,064 | 0.01% |
OCP CLO 2017-14 Ltd | Structured Finance | Structured Finance investments | SF + 6.80% | $1,469 | 1,292 | 1,481 | 0.02% |
Voya CLO Ltd | Structured Finance | Structured Finance investments | SF + 3.81% | $1,500 | 1,339 | 1,489 | 0.02% |
WMB Holdings Inc (Corporation Service Company) | Consumer Services | 1st Lien Senior Secured Debt | SF + 2.75% | $1,756 | 1,712 | 1,758 | 0.02% |
Newfold Digital Holdings Group Inc (Endure Digital, Inc.) | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 3.50% | $1,793 | 1,785 | 1,760 | 0.02% |
Marble Point CLO XI Ltd | Structured Finance | Structured Finance investments | SF + 3.06% | $1,850 | 1,575 | 1,737 | 0.02% |
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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.