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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
|
---|---|---|---|---|---|---|---|
DISH DBS Corporation | Telecommunications Service Providers | 1st Lien Senior Secured | 5.25% | $7,703 | $7,436 | $6,653 | 0.1% |
DS ADMIRAL BIDCO, LLC (Drake Software, LLC) | Software and Computer Services | 1st Lien Senior Secured | L + 5.75% | $8,943 | $8,862 | $8,727 | 0.1% |
Delta Topco, Inc. (Infoblox) | Telecommunications Equipment | 1st Lien Senior Secured | L + 3.75% | $6,934 | $6,763 | $6,460 | 0.1% |
Employbridge, LLC | Industrial Support Services | 1st Lien Senior Secured | L + 4.75% | $9,907 | $9,856 | $8,163 | 0.1% |
Excelitas Technologies Corp. | Technology Hardware and Equipment | 1st Lien Senior Secured | E + 5.75% | €5,587 | $5,652 | $5,911 | 0.1% |
Peraton Inc. | Software and Computer Services | 1st Lien Senior Secured | L + 3.75% | $3,717 | $3,718 | $3,704 | 0.1% |
PetVet Care Centers LLC | Pharmaceuticals and Biotechnology | 1st Lien Senior Secured | L + 3.50% | $7,723 | $7,671 | $7,350 | 0.1% |
Project Alpha Intermediate Holding, Inc. (Qlik Technologies Inc) | Software and Computer Services | 1st Lien Senior Secured | L + 4.00% | $8,682 | $8,609 | $8,684 | 0.1% |
Quail Buyer, Inc. (Quicken Inc.) | Software and Computer Services | 1st Lien Senior Secured | L + 5.25% | $7,444 | $7,323 | $7,412 | 0.1% |
850 Third Avenue Mezz I, LLC (850 Third Avenue) | Real Estate Investment and Services Development | 1st Lien Senior Secured | L + 6.50% | $2,791 | $2,133 | $1,776 | 0.0% |
ABB/CON-CISE Optical Group LLC (ABB Optical) | Medical Equipment and Services | 1st Lien Senior Secured | P + 6.50% | $2,358 | $2,191 | $2,102 | 0.0% |
AD1 LBV1, LLC (AD1 Global) | Travel and Leisure | 1st Lien Senior Secured | - | $247 | $245 | $241 | 0.0% |
Alliant Holdings I, L.P. (Alliant Ins Services Inc.) | Non-life Insurance | 1st Lien Senior Secured | L + 3.25% | $995 | $978 | $995 | 0.0% |
Allied Universal Holdco LLC (Allied Universal) | Industrial Support Services | 1st Lien Senior Secured | L + 3.75% | $3,032 | $3,021 | $2,926 | 0.0% |
Catskill Park CLO Ltd | Structured Finance | Structured Finance Investments | L + 6.00% | $1,350 | $1,211 | $1,150 | 0.0% |
Eagle 2021 Lower Merger Sub, LLC (Argos Health Holdings, Inc.) | Industrial Support Services | 1st Lien Senior Secured | L + 5.50% | $825 | $811 | $793 | 0.0% |
Endure Digital, Inc. | Software and Computer Services | 1st Lien Senior Secured | L + 3.50% | $2,392 | $2,376 | $2,264 | 0.0% |
Picard Holdco, Inc. (Citrix) | Software and Computer Services | Preferred Equity | SF + 12.00% PIK | $1,030 | $1,000 | $1,044 | 0.0% |
Thrasio LLC | Consumer Services | 1st Lien Senior Secured | L + 7.00% | $5,900 | $2,905 | $2,190 | 0.0% |
USI Inc/NY (USI Holdings Corporation) | Non-life Insurance | Unsecured Debt | 6.88% | $2,457 | $2,368 | $2,448 | 0.0% |
VetCor Group Holdings LLC (VetCor) | Health Care Providers | Unsecured Debt | 13.00% PIK | $1,034 | $957 | $886 | 0.0% |
Vistage Worldwide Inc | Industrial Support Services | 1st Lien Senior Secured | SF + 5.25% | $998 | $971 | $965 | 0.0% |
Voya CLO Ltd | Structured Finance | Structured Finance Investments | L + 3.55% | $1,500 | $1,313 | $1,330 | 0.0% |
WMB Holdings Inc (Corporation Service Company) | Consumer Services | 1st Lien Senior Secured | SF + 3.25% | $2,114 | $2,052 | $2,118 | 0.0% |
Yes Energy LLC | Finance and Credit Services | 1st Lien Senior Secured | B + 7.25% | $10,000 | $2,271 | $2,197 | 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 January 31, 2023 unless otherwise indicated. % of total portfolio shown above is measured as total fair value of investments.