Helios Towers Ghana Limited has raised a US$40m financing package put together by Standard Bank, the bank said.
The proceeds will be used for the development of the tower company’s network across Ghana.
It said that the club deal was put together on…
Helios Towers Ghana Limited has raised a US$40m financing package put together by Standard Bank, the bank said.
The proceeds will be used for the development of the tower company’s network across Ghana.
It said that the club deal was put together on behalf of its unit in Ghana, Stanbic Bank, Standard Chartered Bank and Standard Chartered Bank Ghana.
Helios Towers Ghana was launched in January 2010 when it bought and leased back 750 towers to mobile operator Tigo Ghana. It was set up by Helios Investment Partners, Quantum Strategic Partners and Albright Capital Management to develop communications towers in sub-Saharan Africa.
