Liquid Intelligent Technologies closes US840 million financing package
Liquid Intelligent Technologies Financing PLC successfully placed a combined US840 million financing package consisting of a US620 million bond offering and a US220 million equivalent term loan. This financing was arranged to refinance existing debt and to support the company’s broader growth strategy across the continent.
The bond attracted strong investor interest with an order book significantly oversubscribed and support from development finance institutions, reflecting confidence in the company’s plans to expand connectivity and digital services in underdeveloped telecommunications markets in Africa.
With this new financing in place, Liquid Intelligent Technologies can continue to invest in network infrastructure and service capabilities that serve enterprise, carrier, and retail customers across multiple countries.
Read the full announcement.
