IHS Holding Limited ("IHS Holding" or the "Company") (NYSE: IHS), a leading global provider of critical information, analytics, and expertise to the maritime, energy, chemistry, and aerospace, defense & government markets, today announced the successful pricing of its dual tranche senior notes transaction.
Key Highlights
* Total offering size of $1.3 billion, consisting of two tranches:
* $750 million of 6.375% Senior Notes due 2028
* $550 million of 6.625% Senior Notes due 2033
* Notes will be guaranteed on a senior unsecured basis by each of the Company's material subsidiaries
* Proceeds will be used for general corporate purposes, including the repayment of existing indebtedness and the funding of potential acquisitions
The notes are expected to settle on May 18, 2023, subject to customary closing conditions.
Advisors
Citigroup Global Markets Inc., J.P. Morgan Securities LLC, and Morgan Stanley & Co. LLC acted as joint lead book-running managers for the transaction. Cleary Gottlieb Steen & Hamilton LLP acted as legal counsel to the Company. Davis Polk & Wardwell LLP acted as legal counsel to the underwriters.
About IHS Holding Limited
IHS Holding Limited is a leading global provider of critical information, analytics, and expertise to the maritime, energy, chemistry, and aerospace, defense & government markets. Headquartered in London, IHS Holding employs approximately 5,600 people and operates in more than 50 countries around the world.
