Linklaters advises Helios Towers on its US$500m senior notes offering

Linklaters has advised Helios Towers, a leading independent mobile tower company in Africa and the Middle East, on its offering of US$500m 6.750% senior notes due 2031 by HTA Group, Ltd., a wholly owned subsidiary of Helios Towers plc. The LSE-listed bond offering is intended to help Helios Towers refinance certain of its existing debt and for general corporate purposes.

Helios Towers owns and operates nearly 15,000 sites across nine high-growth markets in Africa and in the Middle East, covering over 150 million people.

The new notes are guaranteed by Helios Towers plc and certain of its subsidiaries. The transaction was anchored by commitments from British International Investment, the International Finance Corporation and the German Investment Corporation (DEG).

The Linklaters team was led by Global Head of US Capital Markets Pam Shores and Leveraged Finance partner Christianne Williams, supported by associates Cassandra Dula and Juan Diego Tibaduiza.