Helios
Empresa Solar S.L. · Spain · Active
Some data gaps or assumptions — review before distributing.
Alter5 Assessment
CONDITIONAL GO
Alter5 Fit
45/100
Investor Appeal
72/100
Headline Terms
| Term | Value | Tag | Note |
|---|---|---|---|
| Tenor | 3–7 years | CONVENTION | Sector fallback applied — confirm actual sector before distribution |
| Amount | 50,000,000 | CONFIRMED | Stated by sponsor |
| Sizing | PENDING | PENDING | EBITDA required. Bank capacity = EBITDA × 4.0x; Fund capacity = EBITDA × 5.0x. Cannot validate EUR 50M without financials. |
| Currency | EUR | CONFIRMED | — |
| Pricing Bank | E + 200–400 bps | CONVENTION | ICR min 2.5x; Debt/EBITDA max 4.0x |
| Pricing Fund | E + 400–800 bps | CONVENTION | ICR min 2.0x; Debt/EBITDA max 5.0x |
| Template Key | corp_standard | CONVENTION | Corporate Standard — vanilla senior loan, sized on leverage |
| Upfront Fee Bank | 50 bps | CONVENTION | — |
| Upfront Fee Fund | 100 bps | CONVENTION | — |
Critical Q&A — 12 questions
What is the company's sector and business activity? Is Helios active in renewable energy, energy efficiency, or broader sustainability?
What is the company's EBITDA for the last three financial years (N, N-1, N-2)?
What is the proposed use of proceeds?
What is the company's headcount (employees) for N, N-1, and N-2?
What is the company's total annual revenue for N, N-1, and N-2 (EUR)?
What is the company's total balance sheet (total assets) for N, N-1, and N-2 (EUR)?
Who are the shareholders of Helios? Please provide names, entity types (PE/VC/industrial/public/individual), and % ownership.
What is the desired loan tenor and repayment profile (bullet, amortising, or sculpted)?
What is the company's existing net financial debt / current leverage?
What security package is available? (e.g. share pledge, asset charge, floating charge, guarantee)
What is the sponsor's track record and experience in this sector?
What is the target timeline for financial close?
Analysis Info
Re-running will overwrite the current draft analysis.
Matched Investors
(10)Broad mandate across PF & corporate; low-to-high single digit return; EUR 50M within range.
Global geography; ticket size compatible; sector not excluded.
Global mandate; EUR 50M in range; EIF financial intermediary — relevant if EIF window confirmed.
No geography exclusion; ticket compatible; partial seniority match.
Large institutional mandate; strong sustainability appetite; EUR 50M well within range.
Infrastructure / energy transition focus; global geography; ticket compatible.
Global mandate; EIF financial intermediary — relevant if EIF window confirmed.
Infrastructure debt specialist; global mandate; EUR 50M within appetite.
European corporate lending specialist; Spain coverage; compatible ticket.
European debt fund; no geography exclusion; ticket size compatible.