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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
|
---|---|---|---|---|---|---|---|
123Dentist Inc. | Health Care Providers | 1st Lien Senior Secured Debt | C + 5.50% | CAD 57,327 | 39,200 | 37,545 | 0.40% |
ATI Holdings Acquisition, Inc. (ATI Physical Therapy) | Health Care Providers | 1st Lien Senior Secured Debt | SF + 7.25% | $41,092 | 40,538 | 39,758 | 0.42% |
Accelerated Health Systems LLC (Athletico) | Health Care Providers | 1st Lien Senior Secured Debt | SF + 4.25% | $7,951 | 7,935 | 5,959 | 0.06% |
Charlotte Buyer Inc (Kindred Hospice) | Health Care Providers | 1st Lien Senior Secured Debt | SF + 5.25% | $28,560 | 27,186 | 28,675 | 0.30% |
Charlotte Buyer Inc (Kindred Hospice) | Health Care Providers | 2nd Lien Senior Secured Debt | SF + 8.25% | $10,000 | 9,453 | 9,950 | 0.11% |
Tenet Healthcare Corp | Health Care Providers | 1st Lien Senior Secured Debt | 5.13% | $2,695 | 2,722 | 2,642 | 0.03% |
WCAS XIII Primary Care Investors, L.P. | Health Care Providers | 1st Lien Senior Secured Debt | SF + 6.25% | $135,630 | 133,353 | 135,741 | 1.43% |
LHS Borrower LLC (Leaf Home Solutions LLC) | Household Goods and Home Construction | 1st Lien Senior Secured Debt | SF + 4.75% | $6,948 | 6,898 | 6,515 | 0.07% |
Sunset Debt Merger Sub, Inc. (Springs Window) | Household Goods and Home Construction | 1st Lien Senior Secured Debt | SF + 4.00% | $707 | 612 | 643 | 0.01% |
LSF12 Donnelly Bidco, LLC (Carlisle Fluid) | Industrial Engineering | 1st Lien Senior Secured Debt | SF + 6.50% | $19,878 | 19,415 | 19,621 | 0.21% |
Radwell Parent, LLC | Industrial Engineering | 1st Lien Senior Secured Debt | SF + 6.75% | $167,095 | 149,834 | 156,900 | 1.66% |
Roper Industrial Products Investment Co (Indicor) | Industrial Engineering | 1st Lien Senior Secured Debt | SF + 4.00% | $18,044 | 17,503 | 18,125 | 0.19% |
Standard Industries Inc | Industrial Engineering | 1st Lien Senior Secured Debt | SF + 2.25% | $1,264 | 1,264 | 1,265 | 0.01% |
TK Elevator US Newco Inc (Thyssenkrupp Elevator) | Industrial Engineering | 1st Lien Senior Secured Debt | SF + 3.50% | $12,573 | 12,446 | 12,606 | 0.13% |
Time Manufacturing Holdings, LLC | Industrial Engineering | 1st Lien Senior Secured Debt | E + 6.50% | €13,138 | 14,286 | 13,533 | 0.14% |
Time Manufacturing Holdings, LLC | Industrial Engineering | 1st Lien Senior Secured Debt | SF + 6.50% | $13,081 | 12,519 | 12,127 | 0.13% |
Wec US Holdings Ltd (Westinghouse) | Industrial Engineering | 1st Lien Senior Secured Debt | SF + 2.75% | $10,000 | 9,922 | 9,973 | 0.11% |
BLY US Holdings Inc. (Boart Longyear Management) | Industrial Metals and Mining | 1st Lien Senior Secured Debt | SF + 7.50% | $24,226 | 23,592 | 24,092 | 0.25% |
Atlas Intermediate III, L.L.C. (Actylis) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 8.25% (incl 4.00% PIK) | $113,237 | 110,591 | 111,697 | 1.18% |
CD&R MADISON UK BIDCO LTD (OCS) | Industrial Support Services | 1st Lien Senior Secured Debt | E + 7.75% (incl 2.00% PIK) | €22,491 | 23,045 | 23,858 | 0.25% |
CD&R MADISON UK BIDCO LTD (OCS) | Industrial Support Services | 1st Lien Senior Secured Debt | SN + 8.25% (incl 2.00% PIK) | £45,620 | 53,305 | 56,675 | 0.60% |
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% |
Galaxy US Opco Inc. (Vialto Partners) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 4.75% | $25,971 | 25,471 | 22,855 | 0.24% |
Guidehouse Inc. | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 5.75% (incl 2.00% PIK) | $187,078 | 184,591 | 184,810 | 1.95% |
IG Investments Holdings, LLC (Insight Global) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 6.00% | $25,842 | 23,965 | 24,196 | 0.26% |
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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.