Portfolio Companies7
Company Name
|
Industry
|
Investment Type
|
Reference Rate & Spread
|
Par Amount (thousands)
|
Amortized Cost (thousands)
|
Fair Value (thousands)
|
% of Total Portfolio
|
---|---|---|---|---|---|---|---|
Armstrong Bidco Limited (Access Group) | Software and Computer Services | 1st Lien Senior Secured Debt | SN + 5.25% | £139,986 | 165,836 | 176,649 | 1.78% |
Artemis Bidco Limited (Away Resorts) | Travel and Leisure | 1st Lien Senior Secured Debt | SN + 6.00% | £19,371 | 22,437 | 17,958 | 0.18% |
Aventine Intermediate LLC (Blackstone Media) | Media | 1st Lien Senior Secured Debt | SF + 6.00% | $1,085 | 1,073 | 1,015 | 0.01% |
Bottomline Technologies, Inc. | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 5.25% | $4,931 | 4,509 | 4,546 | 0.05% |
CD&R MADISON UK BIDCO LTD (OCS) | Industrial Support Services | 1st Lien Senior Secured Debt | SN + 8.25% (incl 2.00% PIK) | £45,620 | 53,311 | 56,923 | 0.57% |
CD&R MADISON UK BIDCO LTD (OCS) | Industrial Support Services | 1st Lien Senior Secured Debt | SN + 8.25% | £9,965 | 2,259 | 2,503 | 0.03% |
CPI Buyer, LLC (Antylia Scientific) | Pharmaceuticals and Biotechnology | 1st Lien Senior Secured Debt | SF + 5.50% | $28,349 | 25,928 | 26,234 | 0.26% |
CRSS HPS LLC (Enhanced Capital) | Asset Based Lending and Fund Finance | 1st Lien Senior Secured Debt | SF + 6.75% | $21,451 | 21,061 | 21,178 | 0.21% |
Clarios Global LP (Power Solutions) | Automobiles and Parts | 1st Lien Senior Secured Debt | SF + 3.00% | $14,963 | 14,889 | 15,019 | 0.15% |
Cloud Software Group Inc (Citrix) | Software and Computer Services | 1st Lien Senior Secured Debt | 6.50% | $7,740 | 6,729 | 7,354 | 0.07% |
Cloud Software Group Inc (Citrix) | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 4.50% | $13,658 | 12,768 | 13,611 | 0.14% |
Club Car Wash Operating, LLC (Club Car Wash) | Consumer Services | 1st Lien Senior Secured Debt | SF + 6.00% | $77,459 | 62,455 | 63,483 | 0.64% |
CommerceHub, Inc. (Commercehub) | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 6.25% | $51,141 | 48,441 | 50,759 | 0.51% |
Coretrust Purchasing Group LLC | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 6.75% | $22,392 | (548) | 215 | 0.00% |
Coretrust Purchasing Group LLC | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 6.50% | $72,799 | 71,043 | 74,255 | 0.75% |
Coupa Holdings, LLC | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 7.50% | $93,111 | 77,909 | 79,456 | 0.80% |
Cube Industrials Buyer, Inc. (Circor International Inc.) | General Industrials | 1st Lien Senior Secured Debt | SF + 6.00% | $54,750 | 48,319 | 49,232 | 0.50% |
DS ADMIRAL BIDCO, LLC (Drake Software, LLC) | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 6.50% | $9,796 | 8,763 | 8,808 | 0.09% |
Delta Topco, Inc. (Infoblox) | Telecommunications Equipment | 1st Lien Senior Secured Debt | SF + 3.75% | $6,864 | 6,734 | 6,880 | 0.07% |
Denali Bidco Limited (Once For All) | Software and Computer Services | 1st Lien Senior Secured Debt | SN + 6.00% | £23,265 | 28,754 | 29,354 | 0.30% |
Directv Financing, LLC | Telecommunications Service Providers | 1st Lien Senior Secured Debt | SF + 5.00% | $7,710 | 7,595 | 7,730 | 0.08% |
International Entertainment Investments Ltd (Ambassador Theatre Group Ltd) | Media | 1st Lien Senior Secured Debt | E + 7.25% | €5,588 | 5,908 | 6,023 | 0.06% |
Limpio Bidco GMBH (Schülke & Mayr) | Medical Equipment and Services | 1st Lien Senior Secured Debt | E + 6.20% | €66,556 | 68,602 | 71,220 | 0.72% |
Renaissance Financiere (Ligue de Football) | Media | 1st Lien Senior Secured Debt | E + 7.00% | €34,871 | 35,544 | 37,455 | 0.38% |
Time Manufacturing Company | Industrial Engineering | 1st Lien Senior Secured Debt | E + 6.50% | €13,138 | 14,291 | 13,586 | 0.14% |
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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 March 31, 2024 unless otherwise indicated. % of total portfolio shown above is measured as total fair value of investments.