Portfolio Companies7
Company Name
|
Industry
|
Investment Type
|
Reference Rate & Spread
|
Par Amount (thousands)
|
Amortized Cost (thousands)
|
Fair Value (thousands)
|
% of Total Portfolio
|
---|---|---|---|---|---|---|---|
Altar Bidco Inc (Brooks Automation) | Technology Hardware and Equipment | 1st Lien Senior Secured Debt | SF + 3.10% | $8,870 | 8,814 | 8,873 | 0.09% |
AmWINS Group, Inc. | Non-life Insurance | 1st Lien Senior Secured Debt | SF + 2.25% | $4,597 | 4,578 | 4,584 | 0.05% |
AmWINS Group, Inc. | Non-life Insurance | 1st Lien Senior Secured Debt | SF + 2.75% | $2,977 | 2,971 | 2,981 | 0.03% |
American Academy Holdings, LLC (American Academy of Professional Coders) | Consumer Services | 1st Lien Senior Secured Debt | SF + 11.00% (incl 5.25% PIK) | $54,469 | 54,469 | 54,464 | 0.58% |
Amynta Agency Borrower Inc (Amynta) | Non-life Insurance | 1st Lien Senior Secured Debt | SF + 4.25% | $20,116 | 19,621 | 20,153 | 0.21% |
Apex Group Treasury LLC (Apex Group) | Investment Banking and Brokerage Services | 1st Lien Senior Secured Debt | SF + 5.00% | $6,982 | 6,885 | 6,991 | 0.07% |
Arc Media Holdings Limited | Media | 1st Lien Senior Secured Debt | SF + 7.25% | $43,738 | 42,649 | 40,850 | 0.43% |
Arcfield Acquisition Corp (TigerCub) | Aerospace and Defense | 1st Lien Senior Secured Debt | SF + 6.25% | $54,570 | 47,984 | 46,790 | 0.49% |
Argos Health Holdings, Inc. | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 5.75% | $653 | 645 | 632 | 0.01% |
Armstrong Bidco Limited (Access Group) | Software and Computer Services | 1st Lien Senior Secured Debt | SN + 5.25% | £139,986 | 165,784 | 178,486 | 1.89% |
Artemis Bidco Limited (Away Resorts) | Travel and Leisure | 1st Lien Senior Secured Debt | SN + 6.00% | £19,371 | 22,431 | 17,816 | 0.19% |
Artisan Bidco, Inc. (Avid Technology, Inc.) | Software and Computer Services | 1st Lien Senior Secured Debt | E + 7.00% | €18,614 | 19,438 | 19,780 | 0.21% |
Artisan Bidco, Inc. (Avid Technology, Inc.) | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 7.00% | $46,000 | 38,910 | 39,216 | 0.41% |
Ascensus Holdings, Inc. (AqGen Ascensus, Inc.) | Investment Banking and Brokerage Services | 1st Lien Senior Secured Debt | SF + 3.50% | $7,643 | 7,584 | 7,603 | 0.08% |
Asurion Corporation (Asurion) | Consumer Services | 2nd Lien Senior Secured Debt | SF + 5.25% | $4,132 | 4,094 | 3,956 | 0.04% |
Atlas Intermediate III, L.L.C. (Actylis) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 8.25% (incl 4.00% PIK) | $113,237 | 110,591 | 111,697 | 1.18% |
Atlas Intermediate III, L.L.C. (Actylis) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 7.50% | $13,445 | (317) | (183) | 0.00% |
Auctane Inc (Stamps.com Inc.) | Consumer Services | 1st Lien Senior Secured Debt | SF + 5.75% | $24,563 | 24,563 | 24,563 | 0.26% |
Avalara, Inc. | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 7.25% | $63,242 | 55,672 | 56,779 | 0.60% |
Aventine Intermediate LLC (Blackstone Media) | Media | 1st Lien Senior Secured Debt | SF + 6.00% | $19,928 | 19,692 | 18,568 | 0.20% |
BCPE VIRGINIA HOLDCO, INC. (Guidehouse Inc.) | Industrial Support Services | Preferred Equity | 13.75% PIK | $2,000 | 1,960 | 2,031 | 0.02% |
BLY US Holdings Inc. (Boart Longyear Management) | Industrial Metals and Mining | 1st Lien Senior Secured Debt | SF + 7.50% | $24,226 | 23,592 | 24,092 | 0.25% |
BP Purchaser, LLC (BOX Partners) | General Industrials | 1st Lien Senior Secured Debt | SF + 5.50% | $27,513 | 27,121 | 26,805 | 0.28% |
Baart Programs, Inc. | Health Care Providers | 1st Lien Senior Secured Debt | SF + 5.00% | $10,123 | 10,058 | 9,993 | 0.11% |
Bamboo US BidCo LLC (Baxter International Inc.) | Medical Equipment and Services | 1st Lien Senior Secured Debt | SF + 6.75% (incl 3.38% PIK) | $97,543 | 80,396 | 81,278 | 0.86% |
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 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.