Portfolio Companies7
Company Name
|
Industry
|
Investment Type
|
Reference Rate & Spread
|
Par Amount (thousands)
|
Amortized Cost (thousands)
|
Fair Value (thousands)
|
% of Total Portfolio
|
---|---|---|---|---|---|---|---|
CCO Holdings LLC / CCO Holdings Capital Corp (Charter Communications Inc) | Telecommunications Service Providers | Unsecured Debt | 5.50% | $7,000 | 7,060 | 6,918 | 0.06% |
LHS Borrower LLC (Leaf Home Solutions LLC) | Household Goods and Home Construction | 1st Lien Senior Secured Debt | SF + 4.75% | $6,930 | 6,882 | 6,681 | 0.06% |
IEHL US Holdings, Inc. (Ambassador Theatre Group Ltd) | Media | 1st Lien Senior Secured Debt | SF + 7.00% | $6,604 | 6,437 | 6,670 | 0.06% |
Accelerated Health Systems LLC (Athletico) | Health Care Providers | 1st Lien Senior Secured Debt | SF + 4.25% | $7,931 | 7,916 | 6,662 | 0.06% |
Becklar, LLC | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 6.85% | $6,677 | 6,597 | 6,638 | 0.06% |
OneDigital Borrower LLC (OneDigital) | Life Insurance | 1st Lien Senior Secured Debt | SF + 4.25% | $6,460 | 6,453 | 6,505 | 0.06% |
LMI Inc/DE (Liftoff / Vungle) | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 3.50% | $6,246 | 6,220 | 6,162 | 0.06% |
Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer (Alliant Ins Services Inc.) | Non-life Insurance | Unsecured Debt | 6.75% | $6,255 | 5,807 | 6,136 | 0.06% |
EISNER ADVISORY GROUP LLC | Investment Banking and Brokerage Services | 1st Lien Senior Secured Debt | SF + 4.00% | $6,063 | 6,004 | 6,133 | 0.06% |
International Entertainment Investments Ltd (Ambassador Theatre Group Ltd) | Media | 1st Lien Senior Secured Debt | E + 7.00% | €5,588 | 5,913 | 6,123 | 0.06% |
Accession Risk Management Group, Inc. (Business Risk Strategies Ltd) | Non-life Insurance | 1st Lien Senior Secured Debt | SF + 6.00% | $7,988 | 6,017 | 6,110 | 0.06% |
USI Inc/NY (USI) | Non-life Insurance | 1st Lien Senior Secured Debt | SF + 2.75% | $5,970 | 5,956 | 5,990 | 0.06% |
Excelitas Technologies Corp. | Technology Hardware and Equipment | 1st Lien Senior Secured Debt | E + 5.25% | €5,517 | 5,576 | 5,986 | 0.06% |
Southern Graphics Inc. | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 7.50% PIK | $5,625 | 5,476 | 5,625 | 0.05% |
OCP CLO 2024-33 Ltd | Structured Finance | Structured Finance investments | SF + 6.00% | $5,000 | 5,000 | 5,000 | 0.05% |
ARES CLO Ltd | Structured Finance | Structured Finance investments | SF + 6.70% | $5,000 | 5,000 | 4,999 | 0.05% |
Bottomline Technologies, Inc. | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 5.25% | $4,931 | 4,510 | 4,546 | 0.04% |
IRI Group Holdings, Inc. (Circana Group, LP.) | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 5.00% | $9,023 | 4,387 | 4,511 | 0.04% |
Showtime Acquisition, L.L.C. (World Choice Investments LLC) | Media | 1st Lien Senior Secured Debt | SF + 6.25% | $4,263 | 4,183 | 4,263 | 0.04% |
AMMC CLO 21 LTD (American Money Management Corp) | Structured Finance | Structured Finance investments | SF + 6.76% | $4,126 | 3,693 | 4,113 | 0.04% |
Acrisure LLC | Non-life Insurance | 1st Lien Senior Secured Debt | SF + 4.50% | $3,990 | 3,953 | 4,020 | 0.04% |
720 East CLO V Ltd (720 East CLO V, Ltd.) | Structured Finance | Structured Finance investments | SF + 6.30% | $4,000 | 4,000 | 4,000 | 0.04% |
Asurion Corporation (Asurion) | Consumer Services | 2nd Lien Senior Secured Debt | SF + 5.25% | $4,132 | 4,096 | 3,902 | 0.04% |
KUEHG Corp. (Kinder Care) | Consumer Services | 1st Lien Senior Secured Debt | SF + 4.50% | $3,837 | 3,827 | 3,858 | 0.04% |
MPH Acquisition Holdings LLC (Multiplan, Inc.) | Health Care Providers | 1st Lien Senior Secured Debt | SF + 4.25% | $4,574 | 4,488 | 3,846 | 0.04% |
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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 other secured investments.
- All figures are as of May 31, 2024 unless otherwise indicated. % of total portfolio shown above is measured as total fair value of investments.