Portfolio Companies7
Company Name
|
Industry
|
Investment Type
|
Reference Rate & Spread
|
Par Amount (thousands)
|
Amortized Cost (thousands)
|
Fair Value (thousands)
|
% of Total Portfolio
|
---|---|---|---|---|---|---|---|
Polyconcept North America Holdings, Inc. | Consumer Services | 1st Lien Senior Secured Debt | SF + 5.50% | $23,067 | 22,684 | 22,041 | 0.27% |
Advarra Holdings, Inc. (Advarra, Inc.) | Pharmaceuticals and Biotechnology | 1st Lien Senior Secured Debt | SF + 5.25% | $69,634 | 68,595 | 70,331 | 0.87% |
Asurion Corporation (Asurion) | Consumer Services | 2nd Lien Senior Secured Debt | SF + 5.25% | $4,132 | 4,091 | 3,605 | 0.04% |
Bottomline Technologies, Inc. | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 5.25% | $4,954 | 4,529 | 4,615 | 0.06% |
Captive Resources Midco LLC (Captive Resources Midco, LLC) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 5.25% | $7,558 | (118) | - | 0.00% |
Charlotte Buyer Inc (Kindred Hospice) | Health Care Providers | 1st Lien Senior Secured Debt | SF + 5.25% | $28,632 | 27,139 | 28,361 | 0.35% |
EISNER ADVISORY GROUP LLC (EISNER ADVISORY GROUP LL) | Investment Banking and Brokerage Services | 1st Lien Senior Secured Debt | SF + 5.25% | $2,502 | 2,484 | 2,502 | 0.03% |
Galway Borrower LLC | Non-life Insurance | 1st Lien Senior Secured Debt | SF + 5.25% | $63,336 | 60,635 | 60,498 | 0.75% |
Houghton Mifflin Harcourt Company (Houghton Mifflin Harcourt Publishers Inc.) | Consumer Services | 1st Lien Senior Secured Debt | SF + 5.25% | $29,700 | 28,972 | 27,757 | 0.34% |
NBG Acquisition Corp. (Nexus Brands Group) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 5.25% | $43,026 | 23,618 | 22,781 | 0.28% |
Quail Buyer, Inc. (Quicken Inc.) | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 5.25% | $7,330 | 7,230 | 7,330 | 0.09% |
Spanx, LLC | Personal Goods | 1st Lien Senior Secured Debt | SF + 5.25% | $29,475 | 29,030 | 29,092 | 0.36% |
UKG Inc (Ultimate Software Group) | Software and Computer Services | 2nd Lien Senior Secured Debt | SF + 5.25% | $24,852 | 24,601 | 24,871 | 0.31% |
Vistage Worldwide Inc | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 5.25% | $189 | 185 | 189 | 0.00% |
Amynta Agency Borrower Inc (Amynta) | Non-life Insurance | 1st Lien Senior Secured Debt | SF + 5.00% | $20,166 | 19,628 | 20,180 | 0.25% |
Apex Group Treasury LLC (Apex Group Ltd) | Investment Banking and Brokerage Services | 1st Lien Senior Secured Debt | SF + 5.00% | $5,000 | 4,900 | 4,972 | 0.06% |
Baart Programs, Inc. | Health Care Providers | 1st Lien Senior Secured Debt | SF + 5.00% | $10,148 | 10,077 | 9,784 | 0.12% |
Directv Financing, LLC | Telecommunications Service Providers | 1st Lien Senior Secured Debt | SF + 5.00% | $16,827 | 16,543 | 16,403 | 0.20% |
Mckissock Investment Holdings, LLC (Colibri Group) | Consumer Services | 1st Lien Senior Secured Debt | SF + 5.00% | $12,549 | 12,449 | 12,267 | 0.15% |
Meriplex Communications, LTD | Telecommunications Service Providers | 1st Lien Senior Secured Debt | SF + 5.00% | $19,887 | 16,505 | 16,443 | 0.20% |
OEG Borrower LLC (Opry Entertainment Group) | Real Estate Investment and Services Development | 1st Lien Senior Secured Debt | SF + 5.00% | $39,600 | 38,277 | 39,600 | 0.49% |
Spirit RR Holdings, Inc. (Reorg Research) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 5.00% | $46,790 | 42,380 | 42,262 | 0.52% |
TA TT Buyer, LLC (TouchTunes Interactive Networks, Inc.) | Telecommunications Service Providers | 1st Lien Senior Secured Debt | SF + 5.00% | $14,850 | 14,728 | 14,850 | 0.18% |
Trupanion, Inc. (Trupanion) | Non-life Insurance | 1st Lien Senior Secured Debt | SF + 5.00% | $53,345 | 46,215 | 45,652 | 0.56% |
Vaco Holdings LLC | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 5.00% | $12,527 | 12,482 | 11,928 | 0.15% |
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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 October 31, 2023 unless otherwise indicated. % of total portfolio shown above is measured as total fair value of investments.