Portfolio Companies7
Company Name
|
Industry
|
Investment Type
|
Reference Rate & Spread
|
Par Amount (thousands)
|
Amortized Cost (thousands)
|
Fair Value (thousands)
|
% of Total Portfolio
|
---|---|---|---|---|---|---|---|
Allied Universal Holdco LLC (Allied Universal) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 3.75% | $3,001 | 2,994 | 2,993 | 0.03% |
AmWINS Group, Inc. | Non-life Insurance | 1st Lien Senior Secured Debt | SF + 2.75% | $2,977 | 2,971 | 2,981 | 0.03% |
CD&R MADISON UK BIDCO LTD (OCS) | Industrial Support Services | 1st Lien Senior Secured Debt | SN + 8.25% | £9,965 | 2,257 | 2,445 | 0.03% |
CENT CLO 16, L.P. | Structured Finance | Structured Finance investments | SF + 8.07% | $3,000 | 2,826 | 2,809 | 0.03% |
Cadence - Southwick, Inc. (Cadence Engines) | Aerospace and Defense | 1st Lien Senior Secured Debt | SF + 6.00% | $3,112 | 3,052 | 3,052 | 0.03% |
Monroe Capital MML CLO XIV LLC (Monroe Capital MML CLO) | Structured Finance | Structured Finance investments | SF + 10.02% | $2,500 | 2,344 | 2,473 | 0.03% |
PECF USS Intermediate Holding III Corp (United Site Services) | Consumer Services | 1st Lien Senior Secured Debt | SF + 4.25% | $3,528 | 3,517 | 2,760 | 0.03% |
Shackleton 2019-XV CLO Ltd (Shackleton CLO LTD) | Structured Finance | Structured Finance investments | SF + 6.92% | $3,000 | 2,655 | 2,985 | 0.03% |
Tenet Healthcare Corp | Health Care Providers | 1st Lien Senior Secured Debt | 5.13% | $2,695 | 2,722 | 2,642 | 0.03% |
Tenneco Inc | Automobiles and Parts | 1st Lien Senior Secured Debt | SF + 4.75% | $2,992 | 2,440 | 2,805 | 0.03% |
ALM 2020 Ltd (ALM Loan Funding) | Structured Finance | Structured Finance investments | SF + 6.26% | $3,330 | 3,046 | 3,332 | 0.04% |
AMMC CLO 21 LTD (American Money Management Corp) | Structured Finance | Structured Finance investments | SF + 6.76% | $4,126 | 3,676 | 3,919 | 0.04% |
Acrisure LLC | Non-life Insurance | 1st Lien Senior Secured Debt | SF + 4.50% | $4,000 | 3,962 | 4,030 | 0.04% |
Asurion Corporation (Asurion) | Consumer Services | 2nd Lien Senior Secured Debt | SF + 5.25% | $4,132 | 4,094 | 3,956 | 0.04% |
Showtime Acquisition, L.L.C. (World Choice Investments LLC) | Media | 1st Lien Senior Secured Debt | SF + 7.25% | $4,263 | 4,179 | 4,178 | 0.04% |
TechInsights Inc. | Technology Hardware and Equipment | 1st Lien Senior Secured Debt | SF + 6.63% | $3,535 | 3,485 | 3,519 | 0.04% |
Verscend Holding Corp. (Verscend Holding Corp) | Finance and Credit Services | 1st Lien Senior Secured Debt | SF + 4.00% | $3,939 | 3,929 | 3,947 | 0.04% |
AmWINS Group, Inc. | Non-life Insurance | 1st Lien Senior Secured Debt | SF + 2.25% | $4,597 | 4,578 | 4,584 | 0.05% |
Bottomline Technologies, Inc. | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 5.25% | $4,942 | 4,520 | 4,558 | 0.05% |
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% |
Excelitas Technologies Corp. | Technology Hardware and Equipment | 1st Lien Senior Secured Debt | E + 5.75% | €5,531 | 5,586 | 5,953 | 0.06% |
International Entertainment Investments Ltd (Ambassador Theatre Group Ltd) | Media | 1st Lien Senior Secured Debt | E + 7.25% | €5,588 | 5,906 | 6,003 | 0.06% |
LMI Inc/DE (Liftoff / Vungle) | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 3.75% | $6,262 | 6,235 | 6,130 | 0.06% |
OneDigital Borrower LLC (OneDigital) | Life Insurance | 1st Lien Senior Secured Debt | SF + 4.25% | $5,880 | 5,872 | 5,891 | 0.06% |
RAPID EXPRESS PREFERRED, LLC (Wildcat Car Wash) | Consumer Services | Preferred Equity | 15.00% PIK | $7,694 | 5,837 | 5,837 | 0.06% |
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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.