The International Finance Corporation (IFC) announced on December 4, 2024, its role in anchoring IHS Holding Limited's $1.2 billion dual tranche bond issuance. IFC's initial commitment for this bond deal was up to $100 million, marking its largest mobilization for a single bond transaction. This financing aims to support digital connectivity for millions across emerging markets in Africa, Latin America, and the Middle East.
The funds raised through this bond issuance will enable IHS Towers to refinance existing debt, thereby lengthening its debt maturity profile. This strategic move is crucial for enhancing the company's financial resilience and stability. IHS Towers, as one of the world's largest independent communications infrastructure providers, focuses on building towers, deploying mobile network operator equipment, and providing fiber connectivity.
The investment also supports IHS Towers' organic growth initiatives across its markets. IFC's collaboration with IHS Towers underscores a shared commitment to driving sustainable development, particularly in Sub-Saharan Africa, by strengthening the infrastructure needed to expand digital connectivity and empower communities with greater access to digital tools.
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