IHS Holding talks $800 million five-year notes at mid-9% area

By Christine Van Dusen

Atlanta, Oct. 12 – Nigeria’s IHS Holding set initial price talk in the mid-9% area for an $800 million offering of five-year notes to be issued by IHS Netherlands Holdco BV, a market source said.

Citigroup, Goldman Sachs and Standard Chartered are the bookrunners for the Rule 144A and Regulation S deal.

The proceeds will be used to settle a tender offer and refinance bank loans, as well as for general corporate purposes.

IHS is an independent telecommunications tower company based in Lagos.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.