Liquid Telecom raises $180m to expand its offering

24 November 2017

Telecoms

Liquid Telecom, the pan African telecoms group, says that it has raised $180 million in secured senior notes and tap stock.

The newly raised funds will be used to refinance the company’s debt, expand its data centres and infrastructure and pay costs, fees and expenses in relation to the new offering.

Commenting on the news Nic Rudnick, CEO of Liquid Telecom Group, said: "This is an exciting time for Liquid Telecom as we deliver our strategy with further investment and the monetisation of our network." Read the full article on Capacity Media here.