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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 | 1st Lien Senior Secured Debt | SF + 9.88% | $620 | 616 | 615 | 0.01% |
Floating Infrastructure Holdings Finance LLC (NFE VesselCo) | Gas, Water and Multi-utilities | 1st Lien Senior Secured Debt | SF + 5.75% | $43,439 | 42,838 | 43,173 | 0.46% |
BP Purchaser, LLC (BOX Partners) | General Industrials | 1st Lien Senior Secured Debt | SF + 5.50% | $27,513 | 27,121 | 26,805 | 0.28% |
Bright Light Buyer, Inc. (Chauvet Lighting) | General Industrials | 1st Lien Senior Secured Debt | SF + 6.00% | $75,000 | 73,222 | 73,733 | 0.78% |
Capripack Debtco PLC (Constantia) | General Industrials | 1st Lien Senior Secured Debt | E + 7.25% (incl 2.50% PIK) | €83,908 | 88,522 | 87,597 | 0.93% |
Cube Industrials Buyer, Inc. (Circor International Inc.) | General Industrials | 1st Lien Senior Secured Debt | SF + 6.00% | $54,750 | 48,308 | 48,959 | 0.52% |
Formerra, LLC (Formerra) | General Industrials | 1st Lien Senior Secured Debt | SF + 7.25% | $121,969 | 109,195 | 111,774 | 1.18% |
Marcone Yellowstone Buyer Inc. (Marcone Supply) | General Industrials | 1st Lien Senior Secured Debt | SF + 6.25% | $79,439 | 78,661 | 79,269 | 0.84% |
TMC Buyer Inc (Terra Millennium) | General Industrials | 1st Lien Senior Secured Debt | SF + 6.00% | $69,973 | 62,913 | 69,448 | 0.73% |
Baart Programs, Inc. | Health Care Providers | 1st Lien Senior Secured Debt | SF + 5.00% | $10,123 | 10,058 | 9,993 | 0.11% |
ERC Topco Holdings, LLC (Eating Recovery Center) | Health Care Providers | 1st Lien Senior Secured Debt | SF + 6.25% (incl 3.25% PIK) | $26,291 | 25,514 | 19,075 | 0.20% |
ERC Topco Holdings, LLC (Eating Recovery Center) | Health Care Providers | 1st Lien Senior Secured Debt | SF + 6.25% (incl 6.25% PIK) | $205 | 205 | 152 | 0.00% |
MB2 Dental Solutions, LLC | Health Care Providers | 1st Lien Senior Secured Debt | SF + 6.00% | $256,467 | 152,450 | 152,469 | 1.61% |
MPH Acquisition Holdings LLC (Multiplan, Inc.) | Health Care Providers | 1st Lien Senior Secured Debt | SF + 4.25% | $4,586 | 4,495 | 4,447 | 0.05% |
Medline Borrower LP (Medline) | Health Care Providers | 1st Lien Senior Secured Debt | SF + 3.00% | $19,648 | 19,488 | 19,672 | 0.21% |
PPV Intermediate Holdings, LLC (VetCor) | Health Care Providers | 1st Lien Senior Secured Debt | SF + 5.75% | $116,338 | 106,487 | 108,099 | 1.14% |
PTSH Intermediate Holdings, LLC (PT Solutions) | Health Care Providers | 1st Lien Senior Secured Debt | SF + 5.50% | $24,620 | 24,289 | 24,620 | 0.26% |
Pareto Health Intermediate Holdings, Inc. | Health Care Providers | 1st Lien Senior Secured Debt | SF + 6.50% | $44,254 | 39,038 | 39,867 | 0.42% |
Pediatric Associates Holding Company, LLC | Health Care Providers | 1st Lien Senior Secured Debt | SF + 3.25% | $7,717 | 7,691 | 6,965 | 0.07% |
Phoenix Newco Inc (Parexel Intl Corp) | Health Care Providers | 1st Lien Senior Secured Debt | SF + 3.25% | $17,567 | 17,472 | 17,573 | 0.19% |
Pinnacle Fertility, Inc. | Health Care Providers | 1st Lien Senior Secured Debt | SF + 5.00% | $39,402 | 35,725 | 36,221 | 0.38% |
Tivity Health Inc | Health Care Providers | 1st Lien Senior Secured Debt | SF + 6.00% | $111,153 | 109,015 | 109,261 | 1.15% |
United Musculoskeletal Partners Acquisition Holdings, LLC | Health Care Providers | 1st Lien Senior Secured Debt | SF + 5.75% | $120,018 | 100,826 | 99,592 | 1.05% |
VetCor Group Holdings LLC (VetCor) | Health Care Providers | Unsecured Debt | 13.75% PIK | $1,175 | 1,156 | 1,076 | 0.01% |
VetCor Group Holdings LLC (VetCor) | Health Care Providers | Unsecured Debt | 14.75% PIK | $239 | 233 | 229 | 0.00% |
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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 February 29, 2024 unless otherwise indicated. % of total portfolio shown above is measured as total fair value of investments.