Portfolio Companies7
Company Name
|
Industry
|
Investment Type
|
Reference Rate & Spread
|
Par Amount (thousands)
|
Amortized Cost (thousands)
|
Fair Value (thousands)
|
% of Total Portfolio
|
---|---|---|---|---|---|---|---|
Oaktree CLO 2019-4 Ltd | Structured Finance | Structured Finance investments | SF + 6.59% | $3,000 | 2,970 | 2,970 | 0.03% |
Allied Universal Holdco LLC (Allied Universal) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 3.75% | $2,993 | 2,986 | 2,997 | 0.03% |
CLUB CAR WASH PREFERRED, LLC (Wildcat Car Wash) | Consumer Services | Preferred Equity | 15.00% PIK | $20,120 | 20,120 | 20,120 | 0.19% |
PCP CW Aggregator Holdings II, L.P. (CardWorks, Inc.) | Finance and Credit Services | 1st Lien Senior Secured Debt | SF + 9.25% (incl 9.25% PIK) | $20,864 | 20,664 | 20,778 | 0.19% |
ABB/CON-CISE Optical Group LLC (ABB Optical) | Medical Equipment and Services | 1st Lien Senior Secured Debt | SF + 7.50% | $21,259 | 20,908 | 19,287 | 0.18% |
TriMech Acquisition Corp. (TriMech) | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 4.75% | $21,276 | 21,064 | 21,276 | 0.20% |
Havila Kystruten Operations AS (Havila Kystruten) | Travel and Leisure | 1st Lien Senior Secured Debt | E + 8.75% | €19,121 | 21,197 | 21,451 | 0.20% |
Artemis Bidco Limited (Away Resorts) | Travel and Leisure | 1st Lien Senior Secured Debt | SN + 6.00% | £19,371 | 22,447 | 18,204 | 0.17% |
Polyconcept North America Holdings, Inc | Consumer Services | 1st Lien Senior Secured Debt | SF + 5.50% | $22,951 | 22,609 | 22,589 | 0.21% |
AI Grace Aus Bidco Pty Ltd (Zimmermann) | Retailers | 1st Lien Senior Secured Debt | E + 6.50% | €21,626 | 22,702 | 23,361 | 0.22% |
Charlotte Buyer Inc (Kindred Hospice) | Health Care Providers | 1st Lien Senior Secured Debt | SF + 5.25% | $23,875 | 22,799 | 24,058 | 0.22% |
Onesource Virtual, Inc. | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 5.00% | $253,882 | 224,763 | 224,761 | 2.09% |
CD&R MADISON UK BIDCO LTD (OCS) | Industrial Support Services | 1st Lien Senior Secured Debt | E + 8.00% (incl 2.06% PIK) | €22,605 | 23,201 | 24,539 | 0.23% |
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% |
PTSH Intermediate Holdings, LLC (PT Solutions) | Health Care Providers | 1st Lien Senior Secured Debt | SF + 5.50% | $24,557 | 24,249 | 24,557 | 0.23% |
Auctane Inc (Stamps.com Inc.) | Consumer Services | 1st Lien Senior Secured Debt | SF + 5.75% | $24,500 | 24,500 | 24,500 | 0.23% |
Houghton Mifflin Harcourt Company (Houghton Mifflin Harcourt Publishers Inc.) | Consumer Services | 1st Lien Senior Secured Debt | SF + 5.25% | $25,187 | 24,635 | 24,508 | 0.23% |
Sunzia UpperCo LLC (Pattern Energy Group) | Electricity | 1st Lien Senior Secured Debt | SF + 5.00% | $25,000 | 24,780 | 24,888 | 0.23% |
VetCor Group Holdings LLC (VetCor) | Health Care Providers | Unsecured Debt | 14.75% PIK | $248 | 242 | 244 | 0.00% |
Huskies Parent, Inc. (Insurity LLC) | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 5.50% | $26,090 | 25,224 | 25,001 | 0.23% |
Galaxy US Opco Inc. (Vialto Partners) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 4.75% | $25,906 | 25,431 | 22,991 | 0.21% |
Calabrio, Inc. | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 7.13% | $28,273 | 25,528 | 25,585 | 0.24% |
ERC Topco Holdings, LLC (Eating Recovery Center) | Health Care Providers | 1st Lien Senior Secured Debt | SF + 6.25% (incl 3.25% PIK) | $26,291 | 25,705 | 18,660 | 0.17% |
Vermont Aus Pty Ltd (Greencross Vets) | Personal Care, Drug and Grocery Stores | 1st Lien Senior Secured Debt | B + 5.75% | AUD 35,035 | 25,712 | 23,316 | 0.22% |
Staples, Inc. (Staples Inc) | Retailers | 1st Lien Senior Secured Debt | SF + 5.75% | $26,810 | 25,738 | 25,626 | 0.24% |
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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.