Airtel Africa raises $1.25b from SoftBank, Temasek, others to pare debt

Airtel Africa raises $1.25b from SoftBank, Temasek, others to pare debt

REUTERS/Adnan Abidi

Six global investors, including Warburg Pincus, Temasek, Singtel and SoftBank Group International, haf agreed to invest $1.25 billion through a primary equity issuance in Airtel Africa Ltd, the telecom company said in a statement today.

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