Helios Investment Partners announced that it has secured an ESG-linked capital call facility for Helios Investors IV. The facility, the first of its kind in Africa, demonstrates Helios’s commitment to building profitable, value-creating and socially responsible businesses in Africa.
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 an 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 and a value-creation perspective.
“The imperative to meet high ESG standards is integrated into everything Helios does,” said Paul Cunningham, chief financial officer at Helios. “This facility allows us to target and track cont
