Portfolio Companies7
Company Name
|
Industry
|
Investment Type
|
Reference Rate & Spread
|
Par Amount (thousands)
|
Amortized Cost (thousands)
|
Fair Value (thousands)
|
% of Total Portfolio
|
---|---|---|---|---|---|---|---|
Truck-Lite Co, LLC (Clarience Technologies) | Industrial Transportation | 1st Lien Senior Secured Debt | SF + 6.38% (incl 2.50% PIK) | $86,373 | 84,657 | 84,657 | 0.89% |
ALM 2020 Ltd (ALM Loan Funding) | Structured Finance | Structured Finance investments | SF + 6.26% | $3,330 | 3,046 | 3,332 | 0.04% |
Catskill Park CLO, LTD. | Structured Finance | Structured Finance investments | SF + 6.26% | $1,350 | 1,233 | 1,347 | 0.01% |
ERC Topco Holdings, LLC (Eating Recovery Center) | Health Care Providers | 1st Lien Senior Secured Debt | SF + 6.25% (incl 6.25% PIK) | $205 | 205 | 152 | 0.00% |
ERC Topco Holdings, LLC (Eating Recovery Center) | Health Care Providers | 1st Lien Senior Secured Debt | SF + 6.25% (incl 3.25% PIK) | $26,291 | 25,514 | 19,075 | 0.20% |
Circana Group, LP. (NPD Group) | Media | 1st Lien Senior Secured Debt | SF + 6.25% (incl 2.75% PIK) | $143,570 | 141,418 | 143,330 | 1.51% |
Arcfield Acquisition Corp (TigerCub) | Aerospace and Defense | 1st Lien Senior Secured Debt | SF + 6.25% | $54,570 | 47,984 | 46,790 | 0.49% |
CommerceHub, Inc. (Commercehub) | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 6.25% | $64,255 | 60,785 | 61,081 | 0.65% |
Marcone Yellowstone Buyer Inc. (Marcone Supply) | General Industrials | 1st Lien Senior Secured Debt | SF + 6.25% | $79,439 | 78,661 | 79,269 | 0.84% |
New Era Technology, Inc. | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 6.25% | $19,210 | 19,210 | 18,787 | 0.20% |
SimpliSafe Holding Corporation | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 6.25% | $134,125 | 121,121 | 122,805 | 1.30% |
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% |
Zendesk Inc (Zendesk, Inc.) | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 6.25% | $218,640 | 157,899 | 162,507 | 1.72% |
Integrity Marketing Acquisition LLC (Integrity Marketing Group) | Non-life Insurance | 1st Lien Senior Secured Debt | SF + 6.02% | $77,666 | 77,017 | 77,347 | 0.82% |
Zeus Company LLC (Zeus Company Inc.) | Medical Equipment and Services | 1st Lien Senior Secured Debt | SF + 6.00% (incl 3.00% PIK) | $124,100 | 122,240 | 122,239 | 1.29% |
BradyIFS Holdings, LLC (IFS Topco, LLC) | Retailers | 1st Lien Senior Secured Debt | SF + 6.00% | $16,216 | 13,776 | 13,896 | 0.15% |
Club Car Wash Operating, LLC (Club Car Wash) | Consumer Services | 1st Lien Senior Secured Debt | SF + 6.00% | $38,092 | 37,664 | 38,010 | 0.40% |
Coding Solutions Acquisition, Inc. (CorroHealth) | Medical Equipment and Services | 1st Lien Senior Secured Debt | SF + 6.00% | $34,900 | (833) | (556) | -0.01% |
Cube Industrials Buyer, Inc. (Circor International Inc.) | General Industrials | 1st Lien Senior Secured Debt | SF + 6.00% | $54,750 | 48,308 | 48,959 | 0.52% |
Express Wash Concepts, LLC (Express Wash Concepts) | Consumer Services | 1st Lien Senior Secured Debt | SF + 6.00% | $73,754 | 73,276 | 73,165 | 0.77% |
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% |
Integrity Marketing Acquisition LLC (Integrity Marketing Group) | Non-life Insurance | 1st Lien Senior Secured Debt | SF + 6.00% | $5,826 | 354 | 383 | 0.00% |
MB2 Dental Solutions, LLC | Health Care Providers | 1st Lien Senior Secured Debt | SF + 6.00% | $256,467 | 152,450 | 152,469 | 1.61% |
More Cowbell II, LLC (Standish) | Investment Banking and Brokerage Services | 1st Lien Senior Secured Debt | SF + 6.00% | $63,416 | 50,561 | 50,856 | 0.54% |
Parfums Holding Co Inc (PDC Wellness) | Personal Care, Drug and Grocery Stores | 1st Lien Senior Secured Debt | SF + 6.00% | $16,625 | 15,416 | 16,594 | 0.18% |
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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.