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