Portfolio Companies7
Company Name
|
Industry
|
Investment Type
|
Reference Rate & Spread
|
Par Amount (thousands)
|
Amortized Cost (thousands)
|
Fair Value (thousands)
|
% of Total Portfolio
|
---|---|---|---|---|---|---|---|
123Dentist Inc. | Health Care Providers | 1st Lien Senior Secured Debt | C + 5.50% | CAD 57,453 | 37,598 | 34,746 | 0.43% |
ATI Holdings Acquisition, Inc. (ATI Physical Therapy) | Health Care Providers | 1st Lien Senior Secured Debt | SF + 8.25% (incl 1.00% PIK) | $41,054 | 40,454 | 37,499 | 0.46% |
Baart Programs, Inc. | Health Care Providers | 1st Lien Senior Secured Debt | SF + 5.00% | $10,148 | 10,077 | 9,784 | 0.12% |
Charlotte Buyer Inc (Kindred Hospice) | Health Care Providers | 1st Lien Senior Secured Debt | SF + 5.25% | $28,632 | 27,139 | 28,361 | 0.35% |
Charlotte Buyer Inc (Kindred Hospice) | Health Care Providers | 2nd Lien Senior Secured Debt | SF + 8.25% | $10,000 | 9,412 | 9,749 | 0.12% |
ERC Topco Holdings, LLC (Eating Recovery Center) | Health Care Providers | 1st Lien Senior Secured Debt | SF + 5.50% | $26,291 | 25,538 | 21,616 | 0.27% |
MB2 Dental Solutions, LLC | Health Care Providers | 1st Lien Senior Secured Debt | SF + 6.00% | $130,459 | 128,590 | 128,302 | 1.58% |
MB2 Dental Solutions, LLC | Health Care Providers | 1st Lien Senior Secured Debt | SF + 6.50% | $12,511 | 8,181 | 8,256 | 0.10% |
MPH Acquisition Holdings LLC (Multiplan, Inc.) | Health Care Providers | 1st Lien Senior Secured Debt | SF + 4.25% | $4,598 | 4,500 | 4,278 | 0.05% |
PTSH Intermediate Holdings, LLC (PT Solutions) | Health Care Providers | 1st Lien Senior Secured Debt | SF + 5.75% | $24,682 | 24,321 | 23,954 | 0.30% |
Tivity Health Inc | Health Care Providers | 1st Lien Senior Secured Debt | SF + 6.00% | $111,434 | 109,158 | 108,243 | 1.34% |
United Musculoskeletal Partners Acquisition Holdings, LLC | Health Care Providers | 1st Lien Senior Secured Debt | SF + 5.75% | $120,271 | 98,162 | 95,745 | 1.18% |
VetCor Group Holdings LLC (VetCor) | Health Care Providers | Unsecured Debt | 14.25% PIK | $231 | 224 | 224 | 0.00% |
VetCor Group Holdings LLC (VetCor) | Health Care Providers | Unsecured Debt | 13.50% PIK | $1,136 | 1,115 | 1,066 | 0.01% |
LHS Borrower, LLC (Leaf Home Solutions LLC) | Household Goods and Home Construction | 1st Lien Senior Secured Debt | SF + 4.75% | $6,965 | 6,912 | 6,112 | 0.08% |
Sunset Debt Merger Sub, Inc. (Springs Window) | Household Goods and Home Construction | 1st Lien Senior Secured Debt | SF + 4.00% | $709 | 607 | 580 | 0.01% |
Brookfield WEC Holdings Inc. (Westinghouse) | Industrial Engineering | 1st Lien Senior Secured Debt | SF + 3.75% | $3,965 | 3,931 | 3,974 | 0.05% |
Emerson Climate Technologies Inc (Copeland) | Industrial Engineering | 1st Lien Senior Secured Debt | SF + 3.00% | $13,992 | 13,883 | 13,979 | 0.17% |
LSF12 Donnelly Bidco, LLC (Carlisle Fluid) | Industrial Engineering | 1st Lien Senior Secured Debt | SF + 6.50% | $19,928 | 19,436 | 19,436 | 0.24% |
Radwell Parent, LLC | Industrial Engineering | 1st Lien Senior Secured Debt | SF + 6.75% | $167,483 | 150,479 | 156,331 | 1.93% |
Roper Industrial Products Investment Co (ROPER INDUSTRIAL PRODUCT) | Industrial Engineering | 1st Lien Senior Secured Debt | SF + 4.50% | $18,089 | 17,515 | 18,073 | 0.22% |
Standard Industries Inc | Industrial Engineering | 1st Lien Senior Secured Debt | SF + 2.50% | $1,269 | 1,270 | 1,273 | 0.02% |
TK Elevator U.S. Newco, Inc. (Thyssenkrupp Elevator) | Industrial Engineering | 1st Lien Senior Secured Debt | SF + 3.50% | $12,604 | 12,464 | 12,535 | 0.15% |
Time Manufacturing Holdings, LLC (Time Manufacturing Company) | Industrial Engineering | 1st Lien Senior Secured Debt | E + 6.50% | €13,138 | 14,267 | 13,324 | 0.16% |
Time Manufacturing Holdings, LLC (Time Manufacturing Company) | Industrial Engineering | 1st Lien Senior Secured Debt | SF + 6.50% | $13,081 | 12,424 | 12,114 | 0.15% |
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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 October 31, 2023 unless otherwise indicated. % of total portfolio shown above is measured as total fair value of investments.