EAIF anchors HTA Group’sUS$30m bond in Helios Tower

AFRICA – The Emerging Africa Infrastructure Fund (EAIF), which is part of the Private Infrastructure Development Group (PIDG), has invested US$30 million in the UK-listed bond, which has a 5.5-year term and a coupon of 7%.  Helios Towers operates over 7,000 telecommunications towers, mainly in Tanzania, the Democratic Republic of Congo, Congo Brazzaville, and Ghana and has recently established a presence in South Africa.    EAIF acted as an anchor investor in a bond issued in London on 8 June 2020 by HTA Group Ltd (HT), a whole owned subsidiary…

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