Portfolio Companies7
Company Name
|
Industry
|
Investment Type
|
Reference Rate & Spread
|
Par Amount (thousands)
|
Amortized Cost (thousands)
|
Fair Value (thousands)
|
% of Total Portfolio
|
---|---|---|---|---|---|---|---|
Travelex Issuerco 2 PLC (Travelex) | Investment Banking and Brokerage Services | 1st Lien Senior Secured Debt | SN + 8.00% | £23,080 | 27,279 | 29,474 | 0.27% |
ASDAM Operations Pty Ltd | Aerospace and Defense | 1st Lien Senior Secured Debt | B + 5.75% | AUD 50,593 | 30,268 | 29,589 | 0.27% |
Braya Renewable Fuels (Newfoundland) LP | Alternative Energy | 1st Lien Senior Secured Debt | SF + 7.00% | $30,069 | 29,540 | 29,602 | 0.27% |
Denali Bidco Limited (Once For All) | Software and Computer Services | 1st Lien Senior Secured Debt | SN + 6.00% | £23,265 | 28,772 | 29,727 | 0.28% |
International Entertainment Investments Ltd (Ambassador Theatre Group Ltd) | Media | 1st Lien Senior Secured Debt | SF + 7.00% | $35,558 | 29,585 | 30,834 | 0.29% |
HIGGINBOTHAM INSURANCE AGENCY, INC. | Non-life Insurance | 1st Lien Senior Secured Debt | SF + 5.50% | $32,206 | 31,948 | 32,206 | 0.30% |
E.S.G. Movilidad, S.L.U. (EYSA) | Industrial Transportation | 1st Lien Senior Secured Debt | E + 6.50% | €41,605 | 31,584 | 32,941 | 0.31% |
AI Learning (Singapore) PTE. LTD. (The Learning Lab) | Consumer Services | 1st Lien Senior Secured Debt | SORA + 8.25% (incl 4.00% PIK) | SDG 44,947 | 32,468 | 33,286 | 0.31% |
Coding Solutions Acquisition, Inc. (CorroHealth) | Medical Equipment and Services | 1st Lien Senior Secured Debt | SF + 5.75% | $44,552 | 33,071 | 34,028 | 0.32% |
Oranje Holdco, Inc. (KnowBe4, Inc.) | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 7.50% | $38,494 | 33,089 | 34,071 | 0.32% |
Pinnacle Fertility | Health Care Providers | 1st Lien Senior Secured Debt | SF + 5.00% | $36,184 | 35,722 | 36,184 | 0.34% |
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% |
Aesthetics Australia Group Pty Ltd (Laser Clinics Group) | Consumer Services | 1st Lien Senior Secured Debt | B + 6.25% | AUD 57,095 | 36,055 | 36,733 | 0.34% |
Renaissance Financiere (Ligue de Football) | Media | 1st Lien Senior Secured Debt | E + 7.00% | €34,871 | 35,565 | 38,076 | 0.35% |
123Dentist Inc. | Health Care Providers | 1st Lien Senior Secured Debt | C + 5.50% | CAD 57,196 | 40,479 | 38,838 | 0.36% |
OEG Borrower LLC (Opry Entertainment Group) | Real Estate Investment and Services | 1st Lien Senior Secured Debt | SF + 5.00% | $39,400 | 38,219 | 39,400 | 0.37% |
Arc Media Holdings Limited | Media | 1st Lien Senior Secured Debt | SF + 7.25% | $42,680 | 40,130 | 39,502 | 0.37% |
DS ADMIRAL BIDCO, LLC (Drake Software, LLC) | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 7.00% | $39,246 | 38,338 | 39,868 | 0.37% |
Artisan Bidco, Inc. (Avid Technology, Inc.) | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 7.00% | $45,900 | 38,860 | 39,930 | 0.37% |
ATI Holdings Acquisition, Inc. (ATI Physical Therapy) | Health Care Providers | 1st Lien Senior Secured Debt | SF + 7.25% | $41,092 | 40,573 | 40,350 | 0.37% |
Pareto Health Intermediate Holdings, Inc. | Health Care Providers | 1st Lien Senior Secured Debt | SF + 6.25% | $44,153 | 38,988 | 40,522 | 0.38% |
Certinia Inc. (FinancialForce) | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 7.25% | $45,771 | 39,139 | 40,529 | 0.38% |
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% |
Yes Energy LLC | Finance and Credit Services | 1st Lien Senior Secured Debt | SF + 5.00% | $45,086 | 39,999 | 41,358 | 0.38% |
Zips Car Wash, LLC | Consumer Services | 1st Lien Senior Secured Debt | SF + 7.25% (incl 1.50% PIK) | $42,410 | 42,406 | 41,637 | 0.39% |
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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.