Airtel Africa PLC Redemption of Outstanding Senior Notes (6666A)
04 Febrero 2022 - 12:59AM
UK Regulatory
TIDMAAF
RNS Number : 6666A
Airtel Africa PLC
04 February 2022
Airtel Africa plc
('Airtel Africa', or the 'Group')
Redemption of outstanding Senior Notes
London and Lagos, 4 February 2022: Airtel Africa, a leading
provider of telecommunications and mobile money services, with a
presence in 14 countries across Africa, today announces that its
100% owned subsidiary, Bharti Airtel International (Netherlands)
B.V., has elected to redeem all of its 5.125% Guaranteed Senior
Notes due 2023 ('Notes'), aggregating to US$504,915,000, on 7 March
2022 ('Redemption Date'), ahead of its maturity in March 2023.
In addition to the outstanding principal, the redemption price
will include settlement of all outstanding accrued interest up to
the Redemption Date, plus the applicable premium in accordance with
the terms of the Notes.
This early redemption will be made out of Group cash reserves
and aligns with the continuation of our pursuit of a reduction of
external foreign currency debt at Group level.
-ENDS-
Enquiries
Airtel Africa - Investor Relations
Pier Falcione +44 7446 858 280
Morten Singleton +44 7464 830 011
Investor.relations@africa.airtel.com +44 207 493 9315
Hudson Sandler
Nick Lyon
Bertie Berger
airtelafrica@hudsonsandler.com +44 207 796 4133
About Airtel Africa
Airtel Africa is a leading provider of telecommunications and
mobile money services, with a presence in 14 countries in Africa,
primarily in East Africa and Central and West Africa.
Airtel Africa offers an integrated suite of telecommunications
solutions to its subscribers, including mobile voice and data
services as well as mobile money services both nationally and
internationally.
The Group aims to continue providing a simple and intuitive
customer experience through streamlined customer journeys.
www.airtel.africa
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February 04, 2022 01:59 ET (06:59 GMT)
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