Portfolio Companies7
Company Name
|
Industry
|
Investment Type
|
Reference Rate & Spread
|
Par Amount (thousands)
|
Amortized Cost (thousands)
|
Fair Value (thousands)
|
% of Total Portfolio
|
---|---|---|---|---|---|---|---|
Marcone Yellowstone Buyer Inc. (Marcone Supply) | General Industrials | First Lien Senior Secured Debt | S + 6.25% | $79,844 | $78,958.00 | $77,090 | 1.1% |
Alera Group, Inc. | Non-life Insurance | First Lien Senior Secured Debt | S + 6.00% | $78,075 | $77,866.00 | $76,413 | 1.1% |
Plasma Buyer LLC (Path Group Inc.) | Medical Equipment and Services | First Lien Senior Secured Debt | S + 5.75% | $116,015 | $82,515.00 | $76,083 | 1.1% |
Medallia, Inc. | Software and Computer Services | First Lien Senior Secured Debt | S + 6.50% (incl 6.50% PIK) | $75,994 | $75,994.00 | $74,782 | 1.0% |
OneTeam Partners, LLC (OneTeam Partners) | Media | First Lien Senior Secured Debt | S + 5.75% | $74,625 | $73,288.00 | $74,625 | 1.0% |
Advarra Holdings, Inc. (Advarra, Inc.) | Pharmaceuticals and Biotechnology | First Lien Senior Secured Debt | S + 5.25% | $69,810 | $68,724.00 | $70,508 | 1.0% |
Coretrust Purchasing Group LLC | Industrial Support Services | First Lien Senior Secured Debt | S + 6.75% | $95,744 | $70,773.00 | $70,502 | 1.0% |
2080 Media, Inc. (PlayOn Sports) | Media | First Lien Senior Secured Debt | S + 6.00% | $97,856 | $65,696.00 | $68,151 | 0.9% |
Club Car Wash Operating, LLC (Club Car Wash) | Consumer Services | First Lien Senior Secured Debt | S + 7.00% | $80,130 | $64,963.00 | $63,624 | 0.9% |
TMC Buyer Inc (Terra Millennium) | General Industrials | First Lien Senior Secured Debt | S + 6.00% | $70,318 | $59,503.00 | $62,578 | 0.9% |
Showtime Acquisition, L.L.C. (World Choice Investments LLC) | Media | First Lien Senior Secured Debt | S + 7.50% | $72,359 | $62,012.00 | $61,696 | 0.9% |
Puma Buyer LLC (PANTHERx Rare) | Personal Care, Drug and Grocery Stores | First Lien Senior Secured Debt | S + 5.50% | $61,690 | $57,842.00 | $61,154 | 0.8% |
CommerceHub, Inc. (Commercehub) | Software and Computer Services | First Lien Senior Secured Debt | S + 6.25% | $64,579 | $60,560.00 | $60,993 | 0.8% |
Hamilton Projects Acquiror, LLC (Hamilton Projects Acquiror LLC) | Electricity | First Lien Senior Secured Debt | S + 4.50% | $60,817 | $56,137.00 | $60,354 | 0.8% |
Express Wash Concepts | Consumer Services | First Lien Senior Secured Debt | S + 6.25% | $74,064 | $60,896.00 | $58,911 | 0.8% |
Galway Borrower LLC | Non-life Insurance | First Lien Senior Secured Debt | S + 5.25% | $63,491 | $60,302.00 | $58,342 | 0.8% |
Ping Identity Holding Corp. | Software and Computer Services | First Lien Senior Secured Debt | S + 7.00% | $65,072 | $57,509.00 | $57,690 | 0.8% |
Integrity Marketing Acquisition LLC (Integrity Marketing Group) | Non-life Insurance | First Lien Senior Secured Debt | L + 6.02% | $57,256 | $56,664.00 | $56,648 | 0.8% |
Avalara, Inc. | Software and Computer Services | First Lien Senior Secured Debt | S + 7.25% | $63,242 | $55,516.00 | $55,652 | 0.8% |
CD&R MADISON UK BIDCO LTD (OCS) | Industrial Support Services | First Lien Senior Secured Debt | SN + 10.50% (incl 2.00% PIK) | €44,940 | $52,343.00 | $55,547 | 0.8% |
KNITWELL BORROWER LLC (KNITWELL) | Retailers | First Lien Senior Secured Debt | S + 8.00% | $54,576 | $52,944.00 | $52,942 | 0.7% |
American Academy Holdings, LLC (American Academy of Professional Coders) | Consumer Services | First Lien Senior Secured Debt | S + 5.25% (incl 5.25% PIK) | $52,973 | $52,973.00 | $52,670 | 0.7% |
Accession Risk Management Group, Inc. (Business Risk Strategies Ltd) | Non-life Insurance | First Lien Senior Secured Debt | S + 5.50% | $54,664 | $51,157.00 | $50,540 | 0.7% |
Royal Buyer, LLC (Kings III of America, LLC) | Industrial Support Services | First Lien Senior Secured Debt | S + 5.50% | $60,775 | $47,494.00 | $49,084 | 0.7% |
DAPHNE S.P.A. (Dainese) | Personal Goods | First Lien Senior Secured Debt | E + 6.25% | £49,333 | $47,466.00 | $47,948 | 0.7% |
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Footnotes
- Computed as (a) the annual stated interest rate or yield plus the annual accretion of discounts or less the annual amortization of premiums, as applicable, on accruing debt included in such securities, divided by (b) total debt investments at fair value included in such securities. 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 include structured finance investments.
- All figures are as of July 31, 2023 unless otherwise indicated. % of total portfolio shown above is measured as total fair value of investments.