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 57,196 | 40,479 | 38,838 | 0.36% |
Accelerated Health Systems LLC (Athletico) | Health Care Providers | 1st Lien Senior Secured Debt | SF + 4.25% | $7,931 | 7,916 | 6,662 | 0.06% |
Pinnacle Fertility | Health Care Providers | 1st Lien Senior Secured Debt | SF + 5.00% | $36,184 | 35,722 | 36,184 | 0.34% |
Tenet Healthcare Corp | Health Care Providers | 1st Lien Senior Secured Debt | 5.13% | $2,695 | 2,721 | 2,631 | 0.02% |
Tivity Health Inc | Health Care Providers | 1st Lien Senior Secured Debt | SF + 6.00% | $110,871 | 108,840 | 110,871 | 1.03% |
United Musculoskeletal Partners Acquisition Holdings, LLC | Health Care Providers | 1st Lien Senior Secured Debt | SF + 5.75% | $119,759 | 100,665 | 101,178 | 0.94% |
VetCor Group Holdings LLC (VetCor) | Health Care Providers | Unsecured Debt | 13.75% PIK | $1,216 | 1,197 | 1,145 | 0.01% |
VetCor Group Holdings LLC (VetCor) | Health Care Providers | Unsecured Debt | 14.75% PIK | $248 | 242 | 244 | 0.00% |
WCAS XIII Primary Care Investors, L.P. | Health Care Providers | 1st Lien Senior Secured Debt | SF + 6.25% | $135,630 | 133,451 | 133,323 | 1.24% |
WCAS XIV Primary Care Investors, L.P. | Health Care Providers | 1st Lien Senior Secured Debt | SF + 6.25% | $56,433 | 55,329 | 55,328 | 0.51% |
LHS Borrower LLC (Leaf Home Solutions LLC) | Household Goods and Home Construction | 1st Lien Senior Secured Debt | SF + 4.75% | $6,930 | 6,882 | 6,681 | 0.06% |
Sunset Debt Merger Sub, Inc. (Springs Window) | Household Goods and Home Construction | 1st Lien Senior Secured Debt | SF + 4.00% | $706 | 616 | 592 | 0.01% |
LSF12 Donnelly Bidco, LLC (Carlisle Fluid) | Industrial Engineering | 1st Lien Senior Secured Debt | SF + 6.50% | $19,828 | 19,386 | 20,026 | 0.19% |
Radwell Parent, LLC | Industrial Engineering | 1st Lien Senior Secured Debt | SF + 5.50% | $166,707 | 149,655 | 153,435 | 1.42% |
Roper Industrial Products Investment Co (Indicor) | Industrial Engineering | 1st Lien Senior Secured Debt | SF + 3.25% | $17,271 | 16,776 | 17,420 | 0.16% |
TK Elevator US Newco Inc (TK Elevator) | Industrial Engineering | 1st Lien Senior Secured Debt | SF + 3.50% | $12,541 | 12,390 | 12,640 | 0.12% |
Time Manufacturing Company | Industrial Engineering | 1st Lien Senior Secured Debt | E + 6.50% | €13,138 | 14,300 | 13,782 | 0.13% |
Time Manufacturing Company | Industrial Engineering | 1st Lien Senior Secured Debt | SF + 6.50% | $13,081 | 12,817 | 12,598 | 0.12% |
Wec US Holdings Ltd (Westinghouse) | Industrial Engineering | 1st Lien Senior Secured Debt | SF + 2.75% | $10,000 | 9,925 | 10,062 | 0.09% |
BLY US Holdings Inc. (Boart Longyear Management) | Industrial Metals and Mining | 1st Lien Senior Secured Debt | SF + 6.00% | $61,908 | 60,391 | 60,403 | 0.56% |
BCPE VIRGINIA HOLDCO, INC. (Guidehouse Inc.) | Industrial Support Services | Preferred Equity | 13.75% PIK | $2,000 | 1,960 | 2,159 | 0.02% |
Coretrust Purchasing Group LLC | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 5.25% | $107,701 | 78,525 | 80,699 | 0.75% |
NBG Acquisition Corp. (Nexus Brands Group) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 5.25% | $24,157 | 23,378 | 23,470 | 0.22% |
Southern Graphics Holdings LLC (Southern Graphics Inc.) | Industrial Support Services | Equity and other investments | $0 | 2,333 | 2,696 | 0.03% | |
Southern Graphics Inc. | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 7.50% PIK | $5,625 | 5,476 | 5,625 | 0.05% |
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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.