Pallidus provides tailor-made debt funding, placement and advisory services to mid and large corporate clients. We specialise in developing solutions and raising debt capital from both bank and non-bank sources, consisting of institutional investors, asset managers, pension funds, development finance institutions (DFIs), high-net-worth individuals and trade finance providers. This is a distinctive response to the market’s need for client-focused and dedicated advice.
We help our clients to raise capital, implement refinancing solutions, issue listed or unlisted debt instruments and access alternative and structured solutions. As an independent advisor to our clients, we examine all funding options and potential capital providers. Our dedication to integrity and unbiased preference for specific finance providers leads us to be fully aligned to our clients’ objectives.
Our unique approach and market position allows us to develop solutions for our clients which meet their individual needs. These solutions include:
Innovation is at the core of what we do and our understanding of our clients’ needs, as well as our experience and expertise, enable us to deliver market-leading solutions in all areas of lending.
As a result of our unique position and approach, Pallidus also provides opportunities to selected investors, seeking attractive returns with exposure to various industries, to participate in private debt investments.
The private debt business typically provides funding to private companies for working capital requirements, business growth and expansion, capital expenditure, and acquisitions. These transactions are predominantly originated from the Pallidus network.
To date, approximately R1.2 billion has been deployed in debt opportunities with the current outstanding debt book being approximately R300 million. The largest single transaction where Pallidus has acted as the principal lender amounts to R130 million.
Facility size:
Minimum investment size of R20 million
Instrument type:
Direct loans
Promissory notes
Unlisted notes
Listed notes
Listed and unlisted notes are issued by Pallidus Credit Connect (RF) Limited (public company) through the R25 billion multi-issuer note programme
Term:
1 year to 5 years
Repayment:
Interest only with capital repaid on the maturity date
Amortising facility
Combination of the above
Ability to tailor repayment terms to the specific needs of a client
Other information:
The Pallidus debt fund is sector agnostic
Ability to provide senior debt or mezzanine debt
Geography will include any South African counterparties
Securitised funding
Covenants applicable
Should you require access to debt funding or are interested in such opportunities