Portfolio Companies7
Company Name
|
Industry
|
Investment Type
|
Reference Rate & Spread
|
Par Amount (thousands)
|
Amortized Cost (thousands)
|
Fair Value (thousands)
|
% of Total Portfolio
|
---|---|---|---|---|---|---|---|
BLY US Holdings Inc. (Boart Longyear Management) | Industrial Metals and Mining | 1st Lien Senior Secured Debt | SF + 7.50% | $12,190 | 11,868 | 11,841 | 0.15% |
Argos Health Holdings, Inc. | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 5.75% | $655 | 646 | 637 | 0.01% |
Atlas Intermediate III, L.L.C. (Actylis) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 8.25% (incl 4.00% PIK) | $112,091 | 109,290 | 109,289 | 1.35% |
Becklar, LLC | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 6.35% | $6,728 | 6,630 | 6,644 | 0.08% |
CD&R MADISON UK BIDCO LTD (OCS) | Industrial Support Services | 1st Lien Senior Secured Debt | E + 8.00% | €22,265 | 22,759 | 22,826 | 0.28% |
CD&R MADISON UK BIDCO LTD (OCS) | Industrial Support Services | 1st Lien Senior Secured Debt | SN + 8.50% | £55,134 | 52,329 | 53,040 | 0.65% |
Captive Resources Midco LLC (Captive Resources Midco, LLC) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 5.25% | $7,558 | (118) | - | 0.00% |
Captive Resources Midco LLC (Captive Resources Midco, LLC) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 5.75% (incl 3.13% PIK) | $92,551 | 91,069 | 93,477 | 1.15% |
Coretrust Purchasing Group LLC | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 6.75% | $95,559 | 70,692 | 73,144 | 0.90% |
Eagle 2021 Lower Merger Sub, LLC (Argos Health Holdings, Inc.) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 5.75% | $819 | 807 | 796 | 0.01% |
Employbridge, LLC (Employbridge LLC) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 4.75% | $9,832 | 9,789 | 8,522 | 0.11% |
Galaxy US Opco Inc. (Vialto Partners) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 4.75% | $26,037 | 25,504 | 24,280 | 0.30% |
Galaxy US Opco Inc. (Vialto Partners) | Industrial Support Services | 2nd Lien Senior Secured Debt | SF + 8.25% | $9,000 | 8,807 | 8,701 | 0.11% |
Guidehouse Inc. | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 6.25% | $78,971 | 77,690 | 79,195 | 0.98% |
IG Investments Holdings, LLC (Insight Global) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 6.00% | $25,903 | 23,876 | 23,923 | 0.30% |
Planet US Buyer LLC (Wood Mackenzie, Inc.) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 6.75% | $91,467 | 81,000 | 81,251 | 1.00% |
Royal Buyer, LLC (Kings III of America, LLC) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 5.50% | $60,661 | 48,781 | 50,319 | 0.62% |
Sedgwick Claims Management Services, Inc. (Sedgwick) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 3.75% | $19,254 | 19,090 | 19,210 | 0.24% |
SimpliSafe Holding Corporation | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 6.25% | $134,437 | 121,285 | 121,849 | 1.50% |
Southern Graphics Holdings LLC (Southern Graphics Inc.) | Industrial Support Services | Equity and other investments | $0 | 2,333 | 2,333 | 0.03% | |
Southern Graphics Inc. | Industrial Support Services | 1st Lien Senior Secured Debt | $5,682 | 5,533 | 5,682 | 0.07% | |
Southern Graphics Inc. | Industrial Support Services | 2nd Lien Senior Secured Debt | $1,932 | 1,881 | 1,932 | 0.02% | |
Spirit RR Holdings, Inc. (Reorg Research) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 5.00% | $46,790 | 42,380 | 42,262 | 0.52% |
TruckPro, LLC | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 7.25% | $70,709 | 68,677 | 68,676 | 0.85% |
Vistage Worldwide Inc | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 5.25% | $189 | 185 | 189 | 0.00% |
Engage with HLEND
Financial advisors can submit an inquiry using this form or engage with HPS at hlend@hpspartners.com. Individual investors should contact their financial advisor for more information.
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.