Tuesday
October 29
2024

IHS Towers, Africa’s Largest Telecom Tower Company, Secures $439 Million Loan to Refinance Debt and Support Expansion

IHS Towers, Africa’s largest telecom tower company, has secured a new $439 million loan to manage currency risks and support its operations across multiple regions. Almost half of the loan is in South African Rand, while the other half is in USD ($255 million).

Photo courtesy of Colin Charles.

Source: TechCabal (link opens in a new window)

Categories
Telecommunications
Tags
employment, lending