Financing ·
IHS Holding Limited announced on August 25, 2026, that it agreed to sell an additional $200 million principal amount…
IHSIHS Holding Ltd
IHS Holding Limited announced on August 25, 2026, that it agreed to sell an additional $200 million principal amount of its 7.875% Senior Notes due 2030 in a private placement at 101.75% of par, generating gross proceeds of approximately $207.9 million. The company simultaneously issued a conditional notice to redeem all $200 million outstanding of its 5.625% Senior Notes due 2026 at 100% of principal plus accrued interest on September 9, 2026. Proceeds from the new issuance are intended to fund this redemption and pay related fees. The new notes settle on or around September 9, 2026, and will consolidate with existing $550 million of the same series after a Regulation S lock-up period. IHS Holding Limited operates in the telecommunications infrastructure industry, specializing in the ownership and management of cell tower assets.