IHS Holding Ltd

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD500.0005Nov-26SeniorNRBBB-FixedTsy6% a5.75% a440.95.63%-100.00000
USD500.0007Nov-28SeniorNRBBB-FixedTsy6.625% a6.375% a478.26.25%-100.00000
Tranche Comments
5 yr: Book size: 2500; Redemption: 2023-11-29; Registration: 144A/Reg S; Comments: USD500m 5NC2 / 7NC3 snr bmk RegS/144A. B/BB-. Citi/GS(B&D)/JPM/StCh. IPTs 6% area / 6.625% area, final guidance 5.75% / 6.375% area (each +/-12.5 wpir) for total 1bn, launch 5.625% / 6.25% for 500m each. Books subj 2.7bn+. Coc Call: 101%. MWC: T+50bp. Equity Claw Back: Prior to November 29, 2023 up to 40% may be redeemed at 105.625% plus accrued and unpaid interest with the proceeds of certain equity offerings provided that at least 50% of the aggregate principal amount of the 2026 Notes remain outstanding. LEI: 213800CLGMKL63VKTD94; 7 yr: Book size: 2500; Redemption: 2024-11-29; Registration: 144A/Reg S; Comments: USD500m 5NC2 / 7NC3 snr bmk RegS/144A. B/BB-. Citi/GS(B&D)/JPM/StCh. IPTs 6% area / 6.625% area, final guidance 5.75% / 6.375% area (each +/-12.5 wpir) for total 1bn, launch 5.625% / 6.25% for 500m each. Books subj 2.7bn+. Coc Call: 101%. MWC: T+50. Equity Claw Back: Prior to November 29, 2024 up to 40% may be redeemed at 106.250% plus accrued and unpaid interest with the proceeds of certain equity offerings provided that at least 50% of the aggregate principal amount of the 2028 Notes remain outstanding. LEI: 213800CLGMKL63VKTD94;
Guarantor(s)
IHS Netherlands Holdco B.V., IHS Netherlands NG1 B.V., IHS Netherlands NG2 B.V., Nigeria Tower Interco B.V., IHS Nigeria Limited, IHS Towers NG Limited and INT Towers Limited
Use of Proceeds
Mixed

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