UPDATE: Dito Tele secures loan for network expansion
Dito Telecommunity, the Philippines’ newest mobile network operator, has secured a loan worth some $3.9 billion from a bank syndicate led by Bank of China and ING, who acted as initial mandated lead arrangers. The loan spans 15 years, making it the largest long-term debt arranged by multinational banks for a Philippine company
ZSG & NSIA partner for African infra fund
Z Capital Group and the Nigeria Sovereign Investment Authority have created a strategic partnership to establish a fund focused on investments in African infrastructure
ACG pledges $50bn for African infra
The Arab Coordination Group plans to allocate $50 billion to support the build-out of infrastructure across Africa
Shandong Hi-Speed buys stake in China's VNet
Hong Kong-listed Shandong Hi-Speed Holdings Group has agreed to acquire a 42.1% stake in Chinese data centre operator VNet for a cash consideration of $299 million
Scala issues green debentures to fund expansion
Brazil’s Scala Data Centers – a subsidiary of DigitalBridge – has issued green debentures worth $215 million to fund the construction of data centres in Brazil
Rest invests in Quinbrook
Australian superannuation fund, Rest, has committed a $656 million infrastructure investment to Quinbrook, a renewable energy focused investment manager as part of their support for Australia's energy transition
Telkom towers divestment reaches PB
South African telecoms company Telkom has entered into exclusive preferred bidder negotiations for the sale of its 6,200 communication towers portfolio, Swiftnet, with a consortium of equity investors