IHS Holding Ltd. secures US$490 million to fund continued expansion across Africa
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IHS Holding Ltd. secures US$490 million to fund continued expansion across Africa

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Transaction highlights

  • Significant funding round for IHS includes US$420 million of equity and US$70 million in debt

  • Existing shareholders contributing alongside new investors:  Goldman Sachs, the IFC Global Infrastructure Fund (GIF) and African Infrastructure Investment Managers

  • Senior debt is being provided by Standard Chartered Bank for expansion of IHS’ business in Zambia

  • Funding will be used for acquisitions and investment in new telecommunications infrastructure

  • Strengthens IHS’ standing as Africa’s largest independent telecommunications infrastructure company

3 March 2014: IHS Holding Ltd., Africa’s largest independent telecommunications infrastructure company by number of towers managed, has secured US$490 million of equity and debt in its latest financing round. 


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