We could not find any results for:
Make sure your spelling is correct or try broadening your search.
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 | |
---|---|---|---|---|---|---|---|---|---|---|
1.00 | 0.95% | 105.80 | 105.60 | 105.70 | 109.10 | 104.20 | 105.70 | 5,092,139 | 16:35:05 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Radiotelephone Communication | 5.27B | 663M | 0.1764 | 5.99 | 3.97B |
TIDMAAF
RNS Number : 7102P
Airtel Africa PLC
22 June 2022
Airtel Africa plc
('Airtel Africa', or the 'Group')
Redemption of Outstanding Senior Notes
London and Lagos, 22 June 2022: Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, today announces that after market close (UK time) on 21 June 2022 its subsidiary, Bharti Airtel International (Netherlands) B.V., ('BAIN') launched a cash tender offer to redeem up to $300m of its $1 billion of 5.35% Guaranteed Senior Notes due 2024 ('Notes'). There is an early tender deadline of 5 July 2022 for Noteholders wishing to tender their Notes for preferential early tender consideration, otherwise the tender offer will expire on 19 July 2022, unless amended or extended by BAIN at its sole discretion.
All Notes accepted for purchase will be cancelled ahead of their maturity in May 2024. BAIN reserves the right at its sole discretion to amend or waive any of the terms of the tender offer.
A further announcement will be made following completion of the tender offer.
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 Emily Dillon 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
No offer or invitation to acquire or exchange any Notes is being made pursuant to this announcement. This announcement and any related documents do not constitute an offer to buy or the solicitation of an offer to sell securities in any circumstances or jurisdictions in which such offer or solicitation is unlawful.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
MSCVFLFLLQLZBBQ
(END) Dow Jones Newswires
June 22, 2022 02:00 ET (06:00 GMT)
1 Year Airtel Africa Chart |
1 Month Airtel Africa Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions