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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Airtel Africa Plc | LSE:AAF | London | Ordinary Share | GB00BKDRYJ47 | ORD USD0.50 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.80 | 0.73% | 109.80 | 110.00 | 110.20 | 110.20 | 108.80 | 110.00 | 3,004,611 | 16:35:19 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Radiotelephone Communication | 5.27B | 663M | 0.1764 | 6.24 | 4.14B |
By Anthony O. Goriainoff
Airtel Africa PLC said Wednesday that it has signed a $125 million revolving credit facility with Citi, and that it will use the funds to support operations and investments at four of its subsidiaries.
The Africa-focused telecom and mobile money-services provider said the facility was in line with its strategy to raise debt in its local operating companies, and that it has a tenor up to September 2024.
"The facility provides potential interest rate savings in exchange for achieving social impact milestones relating to digital inclusion and gender diversity, with a focus on rural areas and women," the company said.
Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com
(END) Dow Jones Newswires
August 10, 2022 02:41 ET (06:41 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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