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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
|
---|---|---|---|---|---|---|---|
ASSOCIATIONS INC. | Media | 1st Lien Senior Secured Debt | SF + 6.50% (incl 2.50% PIK) | $32,934 | 32,733 | 33,264 | 0.35% |
ASSOCIATIONS INC. | Media | 1st Lien Senior Secured Debt | SF + 6.50% | $403 | 204 | 207 | 0.00% |
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% |
Accession Risk Management Group, Inc. (Business Risk Strategies Ltd) | Non-life Insurance | 1st Lien Senior Secured Debt | SF + 6.00% | $7,996 | 1,476 | 1,576 | 0.02% |
Advarra Holdings, Inc. (Advarra, Inc.) | Pharmaceuticals and Biotechnology | 1st Lien Senior Secured Debt | SF + 5.75% | $6,340 | (93) | 63 | 0.00% |
Alera Group, Inc. | Non-life Insurance | 1st Lien Senior Secured Debt | SF + 5.75% | $5,196 | (50) | (18) | 0.00% |
Arc Media Holdings Limited | Media | 1st Lien Senior Secured Debt | SF + 7.25% | $43,738 | 42,649 | 40,850 | 0.43% |
Arcfield Acquisition Corp (TigerCub) | Aerospace and Defense | 1st Lien Senior Secured Debt | SF + 6.25% | $54,570 | 47,984 | 46,790 | 0.49% |
Argos Health Holdings, Inc. | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 5.75% | $653 | 645 | 632 | 0.01% |
Artisan Bidco, Inc. (Avid Technology, Inc.) | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 7.00% | $46,000 | 38,910 | 39,216 | 0.41% |
Ascensus Holdings, Inc. (AqGen Ascensus, Inc.) | Investment Banking and Brokerage Services | 1st Lien Senior Secured Debt | SF + 3.50% | $7,643 | 7,584 | 7,603 | 0.08% |
Atlas Intermediate III, L.L.C. (Actylis) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 7.50% | $13,445 | (317) | (183) | 0.00% |
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% |
Auctane Inc (Stamps.com Inc.) | Consumer Services | 1st Lien Senior Secured Debt | SF + 5.75% | $24,563 | 24,563 | 24,563 | 0.26% |
Avalara, Inc. | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 7.25% | $63,242 | 55,672 | 56,779 | 0.60% |
Aventine Intermediate LLC (Blackstone Media) | Media | 1st Lien Senior Secured Debt | SF + 6.00% | $19,928 | 19,692 | 18,568 | 0.20% |
Baart Programs, Inc. | Health Care Providers | 1st Lien Senior Secured Debt | SF + 5.00% | $10,123 | 10,058 | 9,993 | 0.11% |
Bamboo US BidCo LLC (Baxter International Inc.) | Medical Equipment and Services | 1st Lien Senior Secured Debt | SF + 6.00% | $21,254 | (593) | (416) | 0.00% |
Bamboo US BidCo LLC (Baxter International Inc.) | Medical Equipment and Services | 1st Lien Senior Secured Debt | SF + 6.75% (incl 3.38% PIK) | $97,543 | 80,396 | 81,278 | 0.86% |
Barracuda Networks, Inc. | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 4.50% | $13,827 | 13,503 | 13,625 | 0.14% |
Becklar, LLC | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 6.85% | $6,711 | 6,623 | 6,677 | 0.07% |
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% |
DAPHNE S.P.A. (Dainese) | Personal Goods | 1st Lien Senior Secured Debt | E + 6.25% | €49,333 | 47,588 | 44,723 | 0.47% |
Denali Bidco Limited (Once For All) | Software and Computer Services | 1st Lien Senior Secured Debt | E + 6.00% | €6,742 | 7,168 | 7,253 | 0.08% |
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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.