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Access here alternative investment news about Softbank, Warburg, 4 Others To Invest $1.25 Bn In Debt-laden Airtel Africa | Business Standard News
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Softbank, Warburg, 4 Others To Invest $1.25 Bn In Debt-laden Airtel Africa | Business Standard News

by business-standard.com posted 12months ago 46 views
The investment will be used to reduce Airtel Africa's existing debt of approximately $5 billiona and help its growth. : Six global investors, including Warburg Pincus, Temasek, Singtel and SoftBank Group International, have agreed to invest $1.25 billion through a primary equity issuance in Airtel Africa, the company said Wednesday. The investment will be used to reduce Airtel Africa's existing debt of approximately $5 billion and help the growth of its African operations, the Bharti Airtel unit listed in the UK said.

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