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Helios Towers Africa Announces Debut Bond

Press Release – 9 March 2017

London, March 9th, 2017 – HTA Group, Ltd., a wholly owned subsidiary of Helios Towers Africa Ltd (“HTA”), announced the closing of a private placement of US$600 million in aggregate principal amount of 9.125% senior notes due 2022 (the “Notes”). The Notes will be listed on the Irish Stock Exchange.

The Notes were guaranteed on a senior basis by HTA and substantially all of its subsidiaries, including HTA Holdings, Ltd, HT Congo Brazzaville Holdco Limited, Helios Towers DRC S.A.R.L., Helios Towers Tanzania Limited, Helios Towers Congo Brazzaville SASU, HT DRC Infraco S.A.R.L., HTT Infraco Limited, Towers NL Coöperatief U.A., McTam International 1 B.V., Helios Towers Ghana Limited, HTG Managed Services Limited and McRory Investment B.V.

HTA used a portion of the proceeds from the offering of the Notes to refinance the existing indebtedness of certain of the Company’s subsidiaries, and intends to use the remainder of the net proceeds to (i) fund the purchase price of the Vodacom Buyout, (ii) fund the pending acquisitions of remaining sites not yet closed in DRC, Congo Brazzaville and Tanzania and a portion of its 2017 capital expenditures budget and (iii) pay fees and expenses in relation to the offering.

The Notes and related guarantees have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws; and unless so registered, these securities may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and any applicable state securities laws. The securities were offered and sold to qualified institutional buyers pursuant to Rule 144A under the Securities Act and to persons outside the United States pursuant to Regulation S under the Securities Act.

This announcement shall not constitute an offer to sell or a solicitation of an offer to buy any of these securities, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

About HTA

HTA is a leading independent tower company in Africa, with a network of more than 6,500 towers in Tanzania, Democratic Republic of Congo, Ghana and Congo Brazzaville.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are subject to known and unknown risks and uncertainties, many of which may be beyond our control. We caution you that the forward-looking information presented in this press release is not a guarantee of future events, and that actual events may differ materially from those made in or suggested by the forward-looking information contained in this press release. In addition, forward-looking statements generally can be identified by the use of forward-looking terminology such as “may,” “plan,” “seek,” “comfortable with,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe” or “continue” or the negative thereof or variations thereon or similar terminology. Any forward-looking information presented herein is made only as of the date of this press release, and we do not undertake any obligation to update or revise any forward-looking information to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise.


For further information, please contact:

Liz Morley / Elizabeth Snow
+44 (0) 20 3772 2557