Portfolio Companies7
Company Name
|
Industry
|
Investment Type
|
Reference Rate & Spread
|
Par Amount (thousands)
|
Amortized Cost (thousands)
|
Fair Value (thousands)
|
% of Total Portfolio
|
---|---|---|---|---|---|---|---|
BP Purchaser, LLC (BOX Partners) | General Industrials | 1st Lien Senior Secured Debt | SF + 5.50% | $27,443 | 27,073 | 27,178 | 0.25% |
Baart Programs, Inc. | Health Care Providers | 1st Lien Senior Secured Debt | SF + 5.00% | $10,097 | 10,037 | 9,711 | 0.09% |
Bain Capital Credit CLO 2024-3 Ltd (Bain Capital Credit CLO, Limit) | Structured Finance | Structured Finance investments | SF + 6.25% | $2,000 | 2,000 | 2,000 | 0.02% |
Bamboo US BidCo LLC (Baxter International Inc.) | Medical Equipment and Services | 1st Lien Senior Secured Debt | SF + 6.75% (incl 3.38% PIK) | $98,040 | 82,872 | 85,582 | 0.79% |
Bamboo US BidCo LLC (Baxter International Inc.) | Medical Equipment and Services | 1st Lien Senior Secured Debt | E + 6.75% (incl 3.38% PIK) | €62,489 | 64,314 | 67,934 | 0.63% |
Bamboo US BidCo LLC (Baxter International Inc.) | Medical Equipment and Services | 1st Lien Senior Secured Debt | SF + 6.00% | $21,254 | (566) | (31) | 0.00% |
Barracuda Networks, Inc. | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 4.50% | $13,792 | 13,484 | 13,833 | 0.13% |
Becklar, LLC | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 6.85% | $6,677 | 6,597 | 6,638 | 0.06% |
Bottomline Technologies, Inc. | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 5.25% | $4,931 | 4,510 | 4,546 | 0.04% |
BradyIFS Holdings, LLC (IFS Topco, LLC) | Retailers | 1st Lien Senior Secured Debt | SF + 6.00% | $16,181 | 14,203 | 14,508 | 0.13% |
Braya Renewable Fuels (Newfoundland) LP | Alternative Energy | 1st Lien Senior Secured Debt | SF + 7.00% | $30,069 | 29,540 | 29,602 | 0.27% |
Bright Light Buyer, Inc. (Chauvet Lighting) | General Industrials | 1st Lien Senior Secured Debt | SF + 6.00% | $74,813 | 73,117 | 74,914 | 0.69% |
Brightstar Escrow Corp. | Electronic and Electrical Equipment | 1st Lien Senior Secured Debt | 9.75% | $1,000 | 992 | 1,010 | 0.01% |
BroadStreet Partners, Inc. (BROADSTREET PARTNERS INC) | Non-life Insurance | 1st Lien Senior Secured Debt | SF + 3.25% | $9,169 | 9,098 | 9,211 | 0.09% |
CC WDW Borrower, Inc. (Advantek, LLC) | Technology Hardware and Equipment | 1st Lien Senior Secured Debt | SF + 6.75% | $72,947 | 48,446 | 44,778 | 0.42% |
CCO Holdings LLC / CCO Holdings Capital Corp (Charter Communications Inc) | Telecommunications Service Providers | Unsecured Debt | 5.50% | $7,000 | 7,060 | 6,918 | 0.06% |
CD&R MADISON UK BIDCO LTD (OCS) | Industrial Support Services | 1st Lien Senior Secured Debt | E + 8.00% (incl 2.06% PIK) | €22,605 | 23,201 | 24,539 | 0.23% |
CD&R MADISON UK BIDCO LTD (OCS) | Industrial Support Services | 1st Lien Senior Secured Debt | SN + 8.25% (incl 2.00% PIK) | £45,850 | 53,625 | 58,560 | 0.54% |
CD&R MADISON UK BIDCO LTD (OCS) | Industrial Support Services | 1st Lien Senior Secured Debt | SN + 8.25% | £9,965 | 2,264 | 2,697 | 0.03% |
CENT CLO 16, L.P. | Structured Finance | Structured Finance investments | SF + 8.07% | $3,000 | 2,830 | 2,844 | 0.03% |
CG PARENT INTERMEDIATE HOLDINGS, INC. (Colibri Group) | Consumer Services | Preferred Equity | 13.75% PIK | $2,000 | 1,940 | 2,159 | 0.02% |
CLUB CAR WASH PREFERRED, LLC (Wildcat Car Wash) | Consumer Services | Preferred Equity | 15.00% PIK | $20,120 | 20,120 | 20,120 | 0.19% |
CPI Buyer, LLC (Antylia Scientific) | Pharmaceuticals and Biotechnology | 1st Lien Senior Secured Debt | SF + 5.50% | $28,349 | 25,940 | 26,234 | 0.24% |
CRSS HPS LLC (Enhanced Capital) | Asset Based Lending and Fund Finance | 1st Lien Senior Secured Debt | SF + 6.75% | $18,402 | 18,089 | 18,108 | 0.17% |
Cadence - Southwick, Inc. (Cadence Engines) | Aerospace and Defense | 1st Lien Senior Secured Debt | SF + 6.75% | $52,612 | 47,367 | 48,171 | 0.45% |
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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 other secured investments.
- All figures are as of May 31, 2024 unless otherwise indicated. % of total portfolio shown above is measured as total fair value of investments.