Northwire Canada EditionSaturday, October 17, 2026
Sign inSubscribe
Northwire
⌕
GOLD 4181.10 +0.3% SILVER 57.30 +0.3% COPPER 6.57 +0.3% OIL 99.02 +1.1% PALLADIUM 1118.60 −0.9% GBU 0.095 +0.0% ATY 0.225 +4.7% GRDM 0.215 +0.0% PPM 0.300 +0.0% GZD 0.040 −11.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0% GOLD 4181.10 +0.3% SILVER 57.30 +0.3% COPPER 6.57 +0.3% OIL 99.02 +1.1% PALLADIUM 1118.60 −0.9% GBU 0.095 +0.0% ATY 0.225 +4.7% GRDM 0.215 +0.0% PPM 0.300 +0.0% GZD 0.040 −11.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0%
Financings

Helios Fairfax lender FirstRand amends credit facility

By The Northwire Desk — AI Analysis Feb 20, 2026 · 18:58 HFPC · 2.00 Helios Fairfax Partners Corp
HFPC · Price

Executive Summary

  • Helios Fairfax Partners Corp. has closed an amendment and restatement of its existing secured revolving credit facility with FirstRand Bank Ltd.
  • The facility size has been increased to $85 million USD, with an option to increase by an additional $15 million USD.
  • The amended facility carries a five-year term and updated financial covenants designed to provide flexibility for the company's investment strategy.

Key Details

  • Counterparty: FirstRand Bank Ltd. (acting through its Rand Merchant Bank division).
  • Facility Type: Secured revolving credit facility.
  • Total Commitment: $85 million USD.
  • Incremental Option: Helios Fairfax has the option to request an additional increase of $15 million USD.
  • Term: Five years from the closing date.
  • Use of Proceeds:
    • Making investments in accordance with Helios Fairfax's investment objectives and restrictions.
    • General corporate purposes.
  • Covenants: Updated financial covenants providing flexibility to support the company's investment strategy.
  • Company Profile: Helios Fairfax is an investment holding company focused on long-term capital appreciation by investing in public and private equity securities and debt instruments in Africa and African businesses.
Read the original news release →

More from Helios Fairfax Partners Corp

May 06, 2026 · 19:47

Tagline: Helios Fairfax Confirms Consolidation Strategy with Fifth Consecutive Book Value Gain Amid CAB Payments Bid

Earnings Apr 17, 2026 · 10:44

Helios Fairfax Advances CAB Payments Takeover Amidst Regulatory Scrutiny

M&A / Property Mar 27, 2026 · 17:00

Financial Results for the Fourth Quarter of 2025

Earnings Mar 27, 2026 · 03:00

Helios Consortium Offer for CAB

M&A / Property Mar 02, 2026 · 12:37

Helios Fairfax backs $297M (U.S.) CAB Payments offer

M&A / Property Mar 02, 2026 · 03:24

Helios Fairfax Partners Corporation Provides Update with Respect to Offer for CAB Payments Holdings plc

M&A / Property