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 | 225 | 0.00% | |
SLF V AD1 Holdings, LLC (AD1 Global) | Travel and Leisure | Equity and other investments | $10,101 | 9,892 | 9,831 | 0.10% | |
Southern Graphics Holdings LLC (Southern Graphics Inc.) | Industrial Support Services | Equity and other investments | $0 | 2,333 | 2,333 | 0.02% | |
Asurion Corporation (Asurion) | Consumer Services | 2nd Lien Senior Secured Debt | SF + 5.25% | $4,132 | 4,095 | 3,747 | 0.04% |
Charlotte Buyer Inc (Kindred Hospice) | Health Care Providers | 2nd Lien Senior Secured Debt | SF + 8.25% | $10,000 | 9,464 | 9,943 | 0.10% |
Cloud Software Group Inc (Citrix) | Software and Computer Services | 2nd Lien Senior Secured Debt | 9.00% | $4,659 | 3,817 | 4,474 | 0.05% |
Galaxy US Opco Inc. (Vialto Partners) | Industrial Support Services | 2nd Lien Senior Secured Debt | SF + 8.25% | $9,000 | 8,820 | 7,889 | 0.08% |
Southern Graphics Inc. | Industrial Support Services | 2nd Lien Senior Secured Debt | SF + 7.50% PIK | $1,932 | 1,881 | 1,932 | 0.02% |
UKG Inc (Ultimate Software Group) | Software and Computer Services | 2nd Lien Senior Secured Debt | SF + 5.25% | $8,420 | 8,345 | 8,510 | 0.09% |
BP Purchaser, LLC (BOX Partners) | General Industrials | 1st Lien Senior Secured Debt | SF + 5.50% | $27,443 | 27,059 | 26,898 | 0.27% |
BradyIFS Holdings, LLC (IFS Topco, LLC) | Retailers | 1st Lien Senior Secured Debt | SF + 6.00% | $16,181 | 13,749 | 13,934 | 0.14% |
Braya Renewable Fuels (Newfoundland) LP | Alternative Energy | 1st Lien Senior Secured Debt | SF + 6.50% | $17,731 | 16,281 | 16,203 | 0.16% |
Bright Light Buyer, Inc. (Chauvet Lighting) | General Industrials | 1st Lien Senior Secured Debt | SF + 6.00% | $75,000 | 73,249 | 74,091 | 0.75% |
Brightstar Escrow Corp. | Electronic and Electrical Equipment | 1st Lien Senior Secured Debt | 9.75% | $1,000 | 991 | 1,016 | 0.01% |
BroadStreet Partners, Inc. (BROADSTREET PARTNERS INC) | Non-life Insurance | 1st Lien Senior Secured Debt | SF + 3.75% | $9,169 | 9,096 | 9,207 | 0.09% |
CC WDW Borrower, Inc. (Advantek, LLC) | Technology Hardware and Equipment | 1st Lien Senior Secured Debt | SF + 6.75% | $72,947 | 47,446 | 42,009 | 0.42% |
Cadence - Southwick, Inc. (Cadence Engines) | Aerospace and Defense | 1st Lien Senior Secured Debt | SF + 6.00% | $3,112 | 3,053 | 3,081 | 0.03% |
Calabrio, Inc. | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 7.13% | $28,273 | 25,525 | 25,525 | 0.26% |
Camin Cargo Control Holdings, Inc. (Camin Cargo) | Oil, Gas and Coal | 1st Lien Senior Secured Debt | P + 5.00% | $6,923 | 1,237 | 1,305 | 0.01% |
Captive Resources Midco LLC (Captive Resources Midco, LLC) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 5.25% | $7,558 | (107) | - | 0.00% |
Captive Resources Midco LLC (Captive Resources Midco, LLC) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 5.75% (incl 3.13% PIK) | $94,323 | 92,957 | 94,323 | 0.95% |
Charlotte Buyer Inc (Kindred Hospice) | Health Care Providers | 1st Lien Senior Secured Debt | SF + 5.25% | $23,875 | 22,751 | 23,982 | 0.24% |
Circana Group, LP. (NPD Group) | Media | 1st Lien Senior Secured Debt | SF + 5.75% | $18,197 | 14,028 | 14,210 | 0.14% |
Circana Group, LP. (NPD Group) | Media | 1st Lien Senior Secured Debt | SF + 6.25% (incl 2.75% PIK) | $143,563 | 141,454 | 143,903 | 1.45% |
Engage with HLEND
Financial advisors can submit an inquiry using this form or engage with HPS at hlend@hpspartners.com. Individual investors should contact their financial advisor for more information.
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 March 31, 2024 unless otherwise indicated. % of total portfolio shown above is measured as total fair value of investments.