Portfolio Companies7
Company Name
|
Industry
|
Investment Type
|
Reference Rate & Spread
|
Par Amount (thousands)
|
Amortized Cost (thousands)
|
Fair Value (thousands)
|
% of Total Portfolio
|
---|---|---|---|---|---|---|---|
Express Wash Concepts, LLC (Express Wash Concepts) | Consumer Services | 1st Lien Senior Secured Debt | SF + 6.00% | $73,568 | 73,129 | 73,813 | 0.68% |
Fastener Distribution Holdings, LLC (FDH Aero) | Aerospace and Defense | 1st Lien Senior Secured Debt | SF + 6.50% | $41,401 | 41,047 | 41,050 | 0.38% |
Femur Buyer, Inc. (Orchid Orthopedic Solutions, LLC) | Medical Equipment and Services | 1st Lien Senior Secured Debt | SF + 8.25% (incl 4.50% PIK) | $137,576 | 134,254 | 134,252 | 1.25% |
Femur Buyer, Inc. (Orchid Orthopedic Solutions, LLC) | Medical Equipment and Services | 1st Lien Senior Secured Debt | SF + 7.50% | $13,350 | (321) | (321) | 0.00% |
Fertitta Entertainment LLC/NV (Golden Nugget Inc) | Travel and Leisure | 1st Lien Senior Secured Debt | SF + 3.75% | $9,929 | 9,653 | 9,970 | 0.09% |
FinThrive Software Intermediate Holdings Inc (nThrive, Inc.) | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 4.00% | $12,937 | 12,750 | 10,357 | 0.10% |
Floating Infrastructure Holdings Finance LLC (NFE VesselCo) | Gas, Water and Multi-utilities | 1st Lien Senior Secured Debt | SF + 5.75% | $42,928 | 42,390 | 42,928 | 0.40% |
Formerra, LLC (Formerra) | General Industrials | 1st Lien Senior Secured Debt | SF + 7.25% | $121,691 | 111,500 | 113,715 | 1.05% |
Foundation Automotive US Corp | Automobiles and Parts | 1st Lien Senior Secured Debt | SF + 8.25% (incl 4.25% PIK) | $42,674 | 42,263 | 36,638 | 0.34% |
Frontgrade Technologies Holdings Inc. (CAES Space) | Aerospace and Defense | 1st Lien Senior Secured Debt | SF + 5.00% | $52,059 | 44,013 | 45,195 | 0.42% |
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% |
Galaxy US Opco Inc. (Vialto Partners) | Industrial Support Services | 2nd Lien Senior Secured Debt | SF + 8.25% | $9,000 | 8,825 | 7,952 | 0.07% |
Galway Borrower LLC | Non-life Insurance | 1st Lien Senior Secured Debt | SF + 5.25% | $63,025 | 60,384 | 60,809 | 0.56% |
GoTo Group Inc (LogMeIn, Inc.) | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 4.75% | $2,016 | 2,016 | 1,576 | 0.01% |
GovCIO Buyer Company | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 5.00% | $9,004 | 8,898 | 9,004 | 0.08% |
Grant Thornton LLP (Grant Thornton) | Consumer Services | 1st Lien Senior Secured Debt | SF + 3.25% | $3,750 | 3,750 | 3,779 | 0.04% |
Guardian US Holdco LLC (Intrado Safety) | Telecommunications Equipment | 1st Lien Senior Secured Debt | SF + 3.50% | $7,940 | 7,809 | 7,948 | 0.07% |
Guidehouse Inc. | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 5.75% (incl 2.00% PIK) | $188,035 | 185,653 | 186,130 | 1.73% |
Gusto Aus Bidco Pty Ltd (iNova Pharmaceuticals) | Pharmaceuticals and Biotechnology | 1st Lien Senior Secured Debt | B + 6.50% | AUD 130,605 | 76,311 | 81,846 | 0.76% |
HIGGINBOTHAM INSURANCE AGENCY, INC. | Non-life Insurance | 1st Lien Senior Secured Debt | SF + 5.50% | $32,206 | 31,948 | 32,206 | 0.30% |
HIGGINBOTHAM INSURANCE AGENCY, INC. | Non-life Insurance | 1st Lien Senior Secured Debt | SF + 4.75% | $14,338 | 1,067 | 1,069 | 0.01% |
HUB International Limited (HUB International Holdings Inc) | Non-life Insurance | 1st Lien Senior Secured Debt | 7.25% | $10,517 | 10,517 | 10,694 | 0.10% |
HUB International Limited (HUB International Holdings Inc) | Non-life Insurance | 1st Lien Senior Secured Debt | SF + 3.25% | $13,853 | 13,715 | 13,961 | 0.13% |
Hamilton Projects Acquiror, LLC (Hamilton) | Electricity | 1st Lien Senior Secured Debt | SF + 3.75% | $17,149 | 17,106 | 17,267 | 0.16% |
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% |
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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.