Mergers, acquisitions and Financial results – In brief

Mergers, Acquisitions and Financial Results

Helios Towers DRC, the Democratic Republic of Congo (DRC) subsidiary of Helios Towers Africa has completed a USD105 million upsizing of its syndicated term loan facility. The loan facility will be used to finance its acquisition of Bharti Airtel’s tower portfolio and to fund organic growth, including the construction of new towers and investment in new power technologies, as the company looks to reduce its reliance on diesel fuel.