White & Case Advised Africell Global Holdings On $300 Million Bond Issuance

White & Case advised Africell Global Holdings on a $300 million bond issuance and $30 million credit facility, enabling Africell to expand its telecom services across Africa.

Update: 2024-10-25 10:00 GMT

White & Case Advised Africell Global Holdings on $300 Million Bond Issuance

White & Case has advised Africell Global Holdings Ltd (Africell), a prominent mobile services provider in Africa, on the refinancing of its capital structure through a US$300 million bond issuance, alongside a new US$30 million revolving credit facility.

Africell, operating across The Gambia, Sierra Leone, Angola, and the Democratic Republic of the Congo, serves around 16 million subscribers across these regions. The refinancing supports Africell’s ongoing growth in delivering mobile network services across Africa.

The White & Case team on this transaction was led by London-based Partners Chris Czarnocki and James Greene, with additional support from Partners Melissa Butler (London) and Chad McCormick (Houston). Counsel Bree Peterson and Catherine West (both in London), as well as Associates Shushi Hovannisian, Silvia Kaur Gill (both London), and Neil Clausen (Houston), also played key roles in the transaction.

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