Portfolio Companies7
Company Name
|
Industry
|
Investment Type
|
Reference Rate & Spread
|
Par Amount (thousands)
|
Amortized Cost (thousands)
|
Fair Value (thousands)
|
% of Total Portfolio
|
---|---|---|---|---|---|---|---|
IRB Holding Corp. (Arby’s Restaurant Group Inc) | Travel and Leisure | First Lien Senior Secured Debt | S + 3.00% | $9,950 | $9,691.00 | $9,910 | 0.1% |
PTSH Intermediate Holdings, LLC (PT Solutions) | Health Care Providers | First Lien Senior Secured Debt | S + 5.75% | $24,737 | $21,218.00 | $20,724 | 0.3% |
Prism Parent Co., Inc. (Unison Software) | Software and Computer Services | First Lien Senior Secured Debt | S + 5.75% | $43,008 | $42,256.00 | $42,967 | 0.6% |
Prism Parent Co., Inc. (Unison Software) | Software and Computer Services | First Lien Senior Secured Debt | S + 6.00% | $10,833 | ($196.00) | ($10) | 0.0% |
Puma Buyer LLC (PANTHERx Rare) | Personal Care, Drug and Grocery Stores | First Lien Senior Secured Debt | S + 5.50% | $61,690 | $57,842.00 | $61,154 | 0.8% |
Quail Buyer, Inc. (Quicken Inc.) | Software and Computer Services | First Lien Senior Secured Debt | S + 5.25% | $7,349 | $7,242.00 | $7,318 | 0.1% |
Radiate Holdco LLC | Industrial Engineering | First Lien Senior Secured Debt | S + 6.75% | $167,872 | $150,569.00 | $155,428 | 2.2% |
Radiate Holdco LLC | Telecommunications Service Providers | First Lien Senior Secured Debt | S + 3.25% | $14,805 | $14,752.00 | $12,516 | 0.2% |
Rocket Software, Inc. | Software and Computer Services | First Lien Senior Secured Debt | S + 4.25% | $4,245 | $4,147.00 | $4,239 | 0.1% |
Roper Industrial Products Investment Co (ROPER INDUSTRIAL PRODUCT) | Industrial Engineering | First Lien Senior Secured Debt | S + 4.50% | $18,134 | $17,535.00 | $18,155 | 0.3% |
Royal Buyer, LLC (Kings III of America, LLC) | Industrial Support Services | First Lien Senior Secured Debt | S + 5.50% | $60,775 | $47,494.00 | $49,084 | 0.7% |
SDC US Smilepay SPV (SmileDirectClub) | Medical Equipment and Services | First Lien Senior Secured Debt | P + 9.75% (incl 3.75% PIK) | $77,057 | $38,768.00 | $38,251 | 0.5% |
SPOTLESS BRANDS, LLC | Consumer Services | First Lien Senior Secured Debt | S + 6.50% | $148,752 | $141,058.00 | $142,325 | 2.0% |
Sedgwick Claims Management Services, Inc. (Sedgwick) | Industrial Support Services | First Lien Senior Secured Debt | S + 3.75% | $19,302 | $19,128.00 | $19,260 | 0.3% |
Sequa Corp (Chromalloy Gas Turbine, LLC) | Aerospace and Defense | First Lien Senior Secured Debt | S + 7.00% | $141,344 | $121,172.00 | $123,453 | 1.7% |
Showtime Acquisition, L.L.C. (World Choice Investments LLC) | Media | First Lien Senior Secured Debt | S + 7.50% | $72,359 | $62,012.00 | $61,696 | 0.9% |
SimpliSafe Holding Corporation | Industrial Support Services | First Lien Senior Secured Debt | S + 6.25% | $134,749 | $117,454.00 | $117,129 | 1.6% |
Smarsh Inc. | Software and Computer Services | First Lien Senior Secured Debt | S + 6.50% | $22,500 | $18,921.00 | $18,419 | 0.3% |
Spanx, LLC | Personal Goods | First Lien Senior Secured Debt | S + 5.25% | $5,000 | $1,393.00 | $1,287 | 0.0% |
Spanx, LLC | Personal Goods | First Lien Senior Secured Debt | S + 5.50% | $29,550 | $29,081.00 | $28,358 | 0.4% |
Specialty Ingredients, LLC (Parker Products Holdings, LLC) | Food Producers | First Lien Senior Secured Debt | S + 6.00% | $101,533 | $94,411.00 | $93,737 | 1.3% |
Spirit RR Holdings, Inc. (Reorg Research) | Industrial Support Services | First Lien Senior Secured Debt | S + 6.50% | $23,665 | $21,526.00 | $21,485 | 0.3% |
Standard Industries Inc | Industrial Engineering | First Lien Senior Secured Debt | S + 2.50% | $1,274 | $1,275.00 | $1,278 | 0.0% |
Summit Acquisition Inc. (K2 Insurance Services LLC) | Non-life Insurance | First Lien Senior Secured Debt | S + 6.75% | $66,548 | $46,978.00 | $46,978 | 0.7% |
Sunset Debt Merger Sub, Inc. (Springs Window) | Household Goods and Home Construction | First Lien Senior Secured Debt | S + 4.00% | $711 | $603.00 | $594 | 0.0% |
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Footnotes
- Computed as (a) the annual stated interest rate or yield plus the annual accretion of discounts or less the annual amortization of premiums, as applicable, on accruing debt included in such securities, divided by (b) total debt investments at fair value included in such securities. 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 include structured finance investments.
- All figures are as of July 31, 2023 unless otherwise indicated. % of total portfolio shown above is measured as total fair value of investments.