4th Floor, Sibekelo 2 Building, Mbabane Office Park, Mhlambanyatsi Road, Mbabane, Eswatini

Private Credit

Our Approach to Private Credit

We are focused on originating and investing in proprietary credit special situations that generate attractive yields, while mitigating risk through collateral and credit enhancements.

Due to the distinct lack of the following:

  • Capital preserving funding in value unlocking structured credit instruments; and
  • Extraordinarily expensive debt with terms not sensitive to the opportunity on hand.

We aim to fill in this gap by providing innovative funding solutions to qualifying opportunities.

ESW Investment Group de-risks these debt instruments by structuring in guarantees or insurer wraps with equity kickers and high coupons.

We apply a private debt-oriented and disciplined approach to evaluating investment opportunities. ESW seeks to invest in companies that meet the following investment criteria:

  • Solid sector fundamentals and non-cyclical industries with stable and positive fundamentals.
  • Experienced management teams.
  • Solid historical financial performance and robust cash flow generation.
  • Realistic business plans with compelling, value-added uses of capital.
  • Strong corporate governance practices.
  • Contractually defined exit alternatives.

We invest in a diversified portfolio of debt instruments, including, but not limited to:

  • Mezzanine instruments;
  • Preferred equity securities;
  • High yield debt securities;
  • Convertible;
  • Participating; and
  • Other similar income-producing debt securities and obligations.

Our Private Credit Portfolio

ESW invests in a diversified portfolio of debt instruments and is looking to expand its private credit portfolio in Eswatini

We invest in a diversified portfolio of debt instruments, including, but not limited to:

  • Mezzanine instruments;
  • Preferred equity securities;
  • High yield debt securities;
  • Convertible;
  • Participating; and
  • Other similar income-producing debt securities and obligations.