Portfolio Companies7
Company Name
|
Industry
|
Investment Type
|
Reference Rate & Spread
|
Par Amount (thousands)
|
Amortized Cost (thousands)
|
Fair Value (thousands)
|
% of Total Portfolio
|
---|---|---|---|---|---|---|---|
Denali Bidco Limited (Once For All) | Software and Computer Services | 1st Lien Senior Secured Debt | E + 6.00% | €16,183 | 6,927 | 7,027 | 0.07% |
Excelitas Technologies Corp. | Technology Hardware and Equipment | 1st Lien Senior Secured Debt | E + 5.75% | €5,517 | 5,573 | 5,957 | 0.06% |
123Dentist Inc. | Health Care Providers | 1st Lien Senior Secured Debt | C + 5.50% | CAD 57,196 | 39,500 | 38,107 | 0.38% |
Yes Energy LLC | Finance and Credit Services | 1st Lien Senior Secured Debt | BS + 5.00% | $36,000 | 35,334 | 36,296 | 0.37% |
Gusto Aus Bidco Pty Ltd (iNova Pharmaceuticals) | Pharmaceuticals and Biotechnology | 1st Lien Senior Secured Debt | B + 6.50% | AUD 130,605 | 76,240 | 79,126 | 0.80% |
Aesthetics Australia Group Pty Ltd (Laser Clinics Group) | Consumer Services | 1st Lien Senior Secured Debt | B + 6.25% | AUD 57,095 | 36,001 | 35,939 | 0.36% |
ASDAM Operations Pty Ltd | Aerospace and Defense | 1st Lien Senior Secured Debt | B + 5.75% | AUD 50,593 | 30,236 | 28,604 | 0.29% |
Vermont Aus Pty Ltd (Greencross Vets) | Personal Care, Drug and Grocery Stores | 1st Lien Senior Secured Debt | B + 5.75% | AUD 35,035 | 25,693 | 22,824 | 0.23% |
Brightstar Escrow Corp. | Electronic and Electrical Equipment | 1st Lien Senior Secured Debt | 9.75% | $1,000 | 991 | 1,016 | 0.01% |
Cloud Software Group Inc (Citrix) | Software and Computer Services | 2nd Lien Senior Secured Debt | 9.00% | $4,659 | 3,817 | 4,474 | 0.05% |
Jones Deslauriers Insurance Management Inc. (Navacord Inc.) | Non-life Insurance | 1st Lien Senior Secured Debt | 8.50% | $14,487 | 14,468 | 15,113 | 0.15% |
OneTeam Partners, LLC (OneTeam Partners) | Media | Preferred Equity | 8.00% | $1,000 | 1,000 | 1,158 | 0.01% |
IP Operating Portfolio I, LLC (Intersect Power) | Electricity | 1st Lien Senior Secured Debt | 7.88% | $27,428 | 26,937 | 27,428 | 0.28% |
HUB International Limited (HUB International Holdings Inc) | Non-life Insurance | 1st Lien Senior Secured Debt | 7.25% | $10,517 | 10,517 | 10,819 | 0.11% |
Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer (Alliant Ins Services Inc.) | Non-life Insurance | Unsecured Debt | 6.75% | $6,255 | 5,785 | 6,168 | 0.06% |
Cloud Software Group Inc (Citrix) | Software and Computer Services | 1st Lien Senior Secured Debt | 6.50% | $7,740 | 6,729 | 7,354 | 0.07% |
CCO Holdings LLC / CCO Holdings Capital Corp (Charter Communications Inc) | Telecommunications Service Providers | Unsecured Debt | 5.50% | $7,000 | 7,065 | 6,899 | 0.07% |
Tenet Healthcare Corp | Health Care Providers | 1st Lien Senior Secured Debt | 5.13% | $2,695 | 2,722 | 2,638 | 0.03% |
CLUB CAR WASH PREFERRED, LLC (Wildcat Car Wash) | Consumer Services | Preferred Equity | 15.00% PIK | $19,678 | 16,430 | 16,430 | 0.17% |
RAPID EXPRESS PREFERRED, LLC (Wildcat Car Wash) | Consumer Services | Preferred Equity | 15.00% PIK | $7,767 | 5,911 | 5,911 | 0.06% |
Wildcat Car Wash Holdings, LLC (Wildcat Car Wash) | Consumer Services | Unsecured Debt | 15.00% PIK | $13,891 | 13,891 | 13,891 | 0.14% |
VetCor Group Holdings LLC (VetCor) | Health Care Providers | Unsecured Debt | 14.75% PIK | $248 | 242 | 242 | 0.00% |
BCPE VIRGINIA HOLDCO, INC. (Guidehouse Inc.) | Industrial Support Services | Preferred Equity | 13.75% PIK | $2,000 | 1,960 | 2,097 | 0.02% |
CG PARENT INTERMEDIATE HOLDINGS, INC. (Colibri Group) | Consumer Services | Preferred Equity | 13.75% PIK | $2,000 | 1,940 | 2,096 | 0.02% |
VetCor Group Holdings LLC (VetCor) | Health Care Providers | Unsecured Debt | 13.75% PIK | $1,216 | 1,197 | 1,136 | 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 March 31, 2024 unless otherwise indicated. % of total portfolio shown above is measured as total fair value of investments.