Africell is a pan-African mobile network operator
We are a leading regional African mobile network operator with operations in The Gambia, Sierra Leone, Angola and DRC. We are ideally positioned to benefit in both the short and long-term from macro and demographic trends in Africa, including huge scope for further digital penetration and development. Africell has an experienced management team and strong financial momentum.
$350M +
Revenue
16M +
Subscribers
2300 +
Towers
150M +
Population under license
Financial calendar
December 2024
Q3 2024 financial results and earnings presentation
January 2025
Q3 2024 earnings conference call
Bond details
Africell Bond
| Issuer | Description | ISIN | Trade date | Maturity date | Coupon | Type |
|---|---|---|---|---|---|---|
|
Issuer
Africell Holding Limited |
Description
US$300,000,000 10.50% senior secured notes due 2029 |
ISIN
Regulation S Notes: ISIN: XS2855412479 Rule 144A Notes: ISIN: US00833NAA00 |
Trade date
16 Oct 2024 |
Maturity date
23 Oct 2029 |
Coupon
10.500% per annum |
Type
Reg S/144A 5NC2 |
Credit Rating
| Type | Rating | Outlook | ||
|---|---|---|---|---|
|
S&P |
Type
B |
Rating
Stable |
Outlook
10 Oct 2024 |
View rating |
|
Fitch |
Type
B- |
Rating
Stable |
Outlook
10 Oct 2024 |
View rating |
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