Helios Secures Africa’s first ESG-linked capital call for Fund IV

Africa-focused private investment firm Helios Investment Partners (Helios) has secured an ESG-linked capital call facility for Helios Investors IV, LP (Helios IV).

Rand Merchant Bank and Standard Chartered Bank acted as Arrangers and Sustainability Coordinators.

The interest rate of the Helios IV capital call facility is pegged to ESG performance targets, set by lenders Rand Merchant Bank and Standard Chartered Bank. Individual ESG ratings of the Fund’s portfolio companies will be determined by independent ratings agency.

Helios will continue its longstanding practice of working closely with its portfolio companies to improve their ESG performance and capabilities on an ongoing basis, both from a risk management as well as a value creation perspective.

Source: PE Wire